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The Hemophilia Foundation of Michigan Invites You to Take a Walk on the Wild Side… With Lions and Tigers and Bears, Oh My!

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: Hemophilia Foundation of Michigan

YPSILANTI, MI–(Marketwire – August 18, 2010) –  The Hemophilia Foundation of Michigan is pleased to announce: Walkin’ on the Wild Side for Hemophilia, its second annual fundraising walk at the Detroit Zoo. Walkin’ on the Wild Side for Hemophilia takes place on Sunday, August 29, 2010. Join hundreds of walkers to raise money to support the many programs of the HFM while taking in the beauty of the Detroit Zoo.

Form a team, walk by yourself, or be a virtual walker — support the cause without actually walking! Adults, children, families, co-workers, and friends; people of all ages are encouraged to join. Registration (with breakfast) begins at 7:45 am; the 2.1 mile Walk kicks off at 8:45 am. There will be entertainment, prizes, and fun for all ages. 93.9 The River will be there with music and giveaways. Everyone is invited to stay and enjoy a day at the zoo after the Walk.

In 2009, Walkin’ on the Wild Side for Hemophilia raised over $100,000 — just about the annual cost of treatment for a person with hemophilia; had 64 walk teams, 770 walkers and 50 volunteers. This year, HFM is aiming to increase the numbers in all those categories!

NEW for 2010: For every contribution of $100 made by Wednesday, August 25th, the individual donor’s name will be put in a drawing for three exciting prizes! These prizes include: A 50″ plasma TV, an Apple iPad, and an Amazon Kindle. Winners will be drawn immediately after the Walk ends at 10:30 am on the Grassy Knoll at the Detroit Zoo. Winners need NOT be present.

For a minimum donation of $15, an individual will receive admission to the event, refreshments, a Walk t-shirt, and the rest of the day at the zoo. There is no admission charge for children under 2 years of age. Please keep in mind this event is a FUNDRAISER — we need everyone’s help to exceed last year’s amount of $101,000 to support services for individuals with bleeding disorders and their families.

Will you be Walkin’ on the Wild Side for Hemophilia? To form a team online or donate to a team, go to www.hfmich.org or contact Dawn at 1-800-482-3041.

Contact:
Hemophilia Foundation of Michigan
1921 W. Michigan Avenue
Ypsilanti, Michigan 48197
Phone: 734-544-0015
FAX 734-544-0095
Website: www.hfmich.org

Ivan C. Harner
Executive Director
734-544-0015 ext. 26
[email protected]

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Filed Under: Facilities And Providers

Interbit Data Joins Iatric Systems, Inc. and Array Software in Organizing Conferences to Benefit Hospital Information Systems Users Seeking Healthcare…

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: Interbit Data

The Healthcare IT Solutions Exchange (HITSE) Will Host Its Healthcare Conference, HITSE New England 2010, on October 26 and 27 at the Doubletree Hotel, Westborough, MA

NATICK, MA–(Marketwire – August 18, 2010) –  To provide healthcare IT professionals with continuing education, purchase planning assistance and peer networking around issues facing hospitals and healthcare systems, Interbit Data has partnered with Iatric Systems, Inc. and Array Software to form the Healthcare IT Solutions Exchange (HITSE). HITSE will host an ongoing series of healthcare IT conferences starting this fall with HITSE New England 2010, to be held October 26 and 27 at the Doubletree Hotel, Westborough, MA.

“The primary intention of HITSE is to fill a void left by other healthcare IT conferences and user associations,” states Arthur Young, president of Interbit Data. “Other conferences have missed opportunities to extend the educational process on certain topics and allow vendors to convey beneficial, user-valued product solutions information outside of the exhibit area, which is often disregarded by attendees. HITSE was designed to provide a setting in which users and vendors can communicate and collaborate in order to develop and implement solutions that improve healthcare.” 

HITSE’s initial healthcare IT conferences will include educational tracks on Computerized Physician Order Entry (CPOE), MEDITECH 6.0, Meaningful Use and Revenue Cycle Improvement, with sessions on industry updates, technology and compliance, and panel discussions featuring industry experts. Vendor sessions will offer case studies, product demonstrations and user group discussions. Each conference will include the Solutions Exchange, which will bring together hospital information systems users and vendors to discuss the selection, planning, implementation and support of healthcare IT solutions. The HITSE conference agenda will continuously evolve according to emerging trends and healthcare IT user needs.

All members of the healthcare IT community can participate and benefit from HITSE, including CIOs, IT managers, IT department managers, IT staff and consultants, as well as IT vendors. Vendors can participate in HITSE healthcare IT conferences by exhibiting, attending or serving as a sponsor, as well as conducting vendor sessions.

More information on HITSE and the October New England conference can be found at http://www.hitse.org.

About Interbit Data
Founded in 1997 and named to the 2009 Inc. 5000 list of America’s fastest growing companies, Interbit Data helps healthcare organizations deliver better, more consistent patient care with secure, reliable and cost-effective software solutions that improve operational efficiency. The company’s information distribution products deliver information securely over the Internet in multiple formats, such as fax, print, email, encrypted file or HL7 message format, and integrate it easily into physicians’ practice EMRs. Interbit Data’s business continuance products give healthcare providers continuous access to patient data in the event of a network or system outage. Interbit Data products are used by more than 650 MEDITECH® customers worldwide. For more information about Interbit Data and its NetSolutions products, visit the company Website at www.interbitdata.com.

Contact:
Beth Bryant
508-786-3013
Email Contact

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Filed Under: Facilities And Providers

Good Neighbor Community Health Center Selects Sage Intergy CHC to Streamline Practice Efficiency and Improve Patient Care

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: Sage

TAMPA, FL–(Marketwire – August 18, 2010) –  Sage North America Healthcare Division, which provides practice management software and services to approximately 80,000 physicians in North America, today announced that Good Neighbor Community Health Center, based in Columbus, Neb., has selected Sage Intergy CHC as its electronic health records system. Sage products are used by approximately 25 percent of all Community Health Centers throughout the U.S. to manage their practices.

Sage Intergy CHC is an integrated, scalable practice management and electronic health records system, specifically designed for community health centers. Patient data can be shared or isolated across practices and locations, allowing access from anywhere for clinical, financial and administrative management.

Sage Intergy easily tracks the details of a patient’s clinical history, shares and manages clinical information and combines complex medical practice functions into easy-to-navigate menus and buttons, and fully integrates with EDI services to manage payments, Intergy Practice Portal to manage secure patient communications, Sage Intergy RIS to manage medical images and Sage Intergy Practice Analytics to report on practice efficiency and patient trends that can help to improve patient care.

“Good Neighbor Community Health Center is a data-driven clinic and we feel the analytic capabilities of the Sage Intergy system will allow us to best care for our patients while helping us track key health trends in the population we serve,” said Becky Rayman, Executive Director of Good Neighbor Community Health Center.

Additionally, Rayman’s experience with Sage’s customer support won her over. “Sage continues to provide us with great responses, and great customer service. We’re not a networked clinic, it’s us here alone, and if it were not for Sage and their support, we might not be able to implement the EHR,” Rayman added.

Good Neighbor Community Health Center is a multi-specialty clinic offering medical, pediatric, dental and mental health services, with seven physicians serving more than 8,000 patients annually. Sage Intergy CHC enables Good Neighbor Community Health Center to customize its system to adapt to existing workflows throughout the clinic and enables clinic staff to access the entire medical record online, in real time.

Currently, all patient records are paper based. Sage Intergy CHC will allow for a seamless transition to an electronic health record and propel the clinic closer to its goal of meeting the federally-backed meaningful use.

Sage has been providing ambulatory healthcare systems for almost 30 years, serving approximately 80,000 physicians in the United States with practice management, electronic health records, and other services to streamline patient care. 

View Sage Healthcare Division YouTube interviews.
View Sage Healthcare Division information.

About Good Neighbor Community Health Center
Good Neighbor Community Health Center works to increase access to primary preventive healthcare and to improve the health of the underserved and vulnerable populations. Since 1998, Good Neighbor Community Health Center has been providing primary care to anyone in the community who desires to visit our clinic.

About Sage North America
Sage North America is part of The Sage Group plc, a leading global supplier of business management software and services. Sage North America employs 4,000 people and supports 3.1 million small and midsized business customers including approximately 80,000 physicians. The Sage Group plc, formed in 1981, was floated on the London Stock Exchange in 1989 and now employs 13,100 people and supports 6.2 million customers worldwide. For more information, please visit the website at www.sagenorthamerica.com.

© 2010 Sage Software, Inc. All rights reserved. Sage, Sage Software, Sage logos and the Sage product and service names mentioned herein are registered trademarks or trademarks of Sage Software, Inc. or its affiliated entities. All other trademarks are the property of their respective owners.

Press Contact:
Scott Rupp
Sage
(813) 249-4264
[email protected]

Filed Under: Facilities And Providers

GrowthPoint Capital Corp. Acquires Securities of Vigil Health Solutions Inc.

Posted on August 18, 2010 Written by Annalyn Frame

VICTORIA, BRITISH COLUMBIA–(Marketwire – Aug. 18, 2010) – GrowthPoint Capital Corp. (“GrowthPoint”) is issuing this press release pursuant to the early warning requirements of applicable securities laws in Canada with respect to Vigil Health Solutions Inc. (“Vigil”).

Pursuant to a private agreement, on July 27, 2010, GrowthPoint acquired ownership of $100,000 in debt which is convertible into, subject to adjustment, 1,000,000 common shares of Vigil at a conversion price of $0.10 per common share, representing approximately 1.0% of Vigil’s outstanding common shares.

Following this transaction, in addition to the $100,000 in convertible debt which if converted would represent approximately 1.0% of Vigil’s outstanding common shares, GrowthPoint and its affiliates also hold 9,929,000 common shares representing approximately 9.9% of Vigil’s outstanding common shares; 650,000 Deferred Stock Units representing approximately 0.7% of Vigil’s outstanding common shares; and 744,000 Stock Options representing approximately 0.7% of Vigil’s outstanding common shares. In aggregate, assuming the full exercise and conversion of the aforementioned securities, GrowthPoint and its affiliates would hold approximately 12.3% of the issued and outstanding common shares of Vigil.

In addition to owning or exercising control over the Vigil securities through GrowthPoint Capital Corp., GrowthPoint acts jointly or in concert with Greg Peet and GrowthPoint Ventures (VCC) Corp.

GrowthPoint acquired these securities for investment purposes. GrowthPoint may, depending on market conditions and other factors as well as applicable securities laws, acquire additional securities of Vigil through the facilities of the TSX Venture Exchange, private agreements or otherwise. At the current time, however, GrowthPoint does not intend to acquire more than 19.99% of the outstanding common shares of Vigil (assuming full exercise or conversion of any securities of Vigil that GrowthPoint may acquire). GrowthPoint may, depending on market conditions, sell any or all of its common shares of Vigil.

For additional information, or for a copy of the early warning report filed in respect of the above transaction, please see contact information below.

Filed Under: Facilities And Providers

GetWellNetwork Unveils the First Interactive Patient Care Solution Designed for Senior Patients

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: GetWellNetwork

New GetWellNetwork for Seniors to Enhance Patient Experience and Improve Outcomes

BETHESDA, MD–(Marketwire – August 18, 2010) – GetWellNetwork, Inc., the leader in interactive patient care solutions, today announced a new solution — GetWellNetwork for Seniors — designed to improve senior patients’ hospital experience and outcomes. Based upon extensive patient and caregiver research, GetWellNetwork for Seniors addresses the impact of aging and the ability of the senior population to use technology in a hospital setting. Using the bedside TV, GetWellNetwork for Seniors enables elderly patients to easily take part in their care process and to affect their own health outcomes.

“Our hospital participated in the testing of the new GetWellNetwork for Seniors, and I was immediately impressed,” said Barb Ochsner, RN, clinical director, Medical Center of the Rockies, “Our patients really get it — they knew who their care team would be and appreciated having all the information available at their fingertips.”

Elderly patients often leave the hospital with incomplete knowledge of their medications, diagnosis, dietary regimens and safety information, all of which impact their overall health and recovery. The GetWellNetwork solution is a proven way to engage patients and to increase learning opportunities by giving patients the option to review medical information at their own pace and return to specific health information as many times as needed throughout their hospital stay. In addition, GetWellNetwork for Seniors supports important patient care priorities by providing easy and reliable access to information on medication, safety, health education, and services right from the patient’s bedside TV.

In addition to the vast array of care features, GetWellNetwork for Seniors accommodates the broad range of familiarity seniors have with consumer technology devices. It is specially designed so that little or no knowledge of computing is necessary to interact comfortably with the GetWellNetwork system. Design elements include large, high-contrast text and generous spacing between buttons so that it creates a friendly, comfortable experience for elderly patients. In addition, a subtle, audible tone notifies users when they have made a selection and on-screen messages alert patients when a task is complete.

“Coming off the R&D success of our GetWell Town for children, we took a similarly deep approach to understanding the senior population over the past two years to better meet their needs. We are proud to introduce GetWellNetwork for Seniors, which we believe will make a dramatic improvement in patient outcomes and quality of life for elderly patients,” said Michael O’Neil, CEO and founder, GetWellNetwork. “Effective patient education is the first step in ensuring a successful hospital stay and, more importantly, the critical link in promoting a full recovery and a healthy lifestyle when they return home.”

About GetWellNetwork, Inc.
GetWellNetwork, Inc. uses the bedside TV to entertain, educate and empower hospital patients and caregivers to be more actively engaged in their care. This patient-centered approach improves both satisfaction and outcomes for patients and hospitals. GetWellNetwork is the leader in interactive patient care solutions and exclusively endorsed by the American Hospital Association. More information about GetWellNetwork can be found at www.GetWellNetwork.com.

Media Contact:
Jenny Song
Corporate Communications
(703) 338-8434
Email Contact

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Filed Under: Facilities And Providers

GetWellNetwork Introduces QuickCare for Clinicians and Care Staff

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: GetWellNetwork

QuickCare Provides Fast, One-Click Access to Six Key Nursing Tools

BETHESDA, MD–(Marketwire – August 18, 2010) – GetWellNetwork, Inc., the leading provider of interactive patient care solution, today announced the availability of QuickCare, a new feature that provides clinicians and staff with the ability to order patient education and execute service requests at the point of care using the patient’s bedside TV. QuickCare assists clinicians and staff by enabling them to log-in to a secure GetWellNetwork system menu to perform six frequent care tasks for patients. Ultimately, this will help clinicians and staff to deliver better, more efficient care and to improve patient satisfaction.

By executing key nursing tasks directly from the patient’s room, clinicians optimize their time with patients and can take advantage of valuable teachable moments to initiate patient education without waiting to get back to the nurse’s station or computer terminal. Patients also feel confident that their service requests are quickly handled because clinicians and staff are initiating the orders right from their bedside. These service requests are then directed to the appropriate department, thereby off-loading non-clinical tasks from the clinician’s busy schedule.

“Using QuickCare, our nurses are able to easily complete important medication teaching without ever leaving the patient’s room. This helps expedite care and our patients feel more involved and personally cared for; ultimately, making a positive impact on patient satisfaction,” said Katherine E. Pereira-Ogan, RN, BSN, BC, MSSL, director of service excellence at Christiana Care Health System.

The bedside tools available in QuickCare assist clinicians in delivering timely, consistent education that yields better patient comprehension and provides better patient care through more efficiently managed service requests. 

QuickCare provides fast, one-click access in six key care areas:

  • Patient Safety: Clinicians can prescribe safety education for their patients at the point of care, such as falls prevention information or hand hygiene, which also helps meet The Joint Commission requirements for patient safety.
  • Patient Education: QuickCare enables clinicians to consistently and effectively engage patients in learning about their condition by initiating patient-specific education sessions at optimal teachable moments from the point of care. Improving patient education leads to improved patient outcomes.
  • Medication Teaching: Clinicians can improve patient satisfaction by helping to engage patients in learning more about the importance of their medication regimen. QuickCare lets clinicians access the full medication database and retrieve real-time list of their patients’ prescribed medications.
  • Patient Care Plan: Clinicians can reduce the number of readmission by guiding their patients through a comprehensive multi-phase care plan such as heart failure or asthma on the GetWellNetwork system. 
  • Admissions and Discharge: Helping patients complete the steps for discharge ensures that patients can go home on time and reduce the length of stay. It also gives clinicians the ability to keep patients well informed about any aftercare instructions to ensure better patient outcomes. 
  • Service Requests: Makes it easy for clinicians to contact the right department for non-clinical service requests such as notifying environmental services for room cleaning or sending a message to dietary services for their patients.

“We have put more control in the hands of caregivers at the point of care — QuickCare gives clinicians and staff the ability to assess patients’ needs and act on them immediately,” said Carrie Hallock, RN, BSN, product line director, nursing practice at GetWellNetwork. “The more we can do to optimize nursing workflows, the more time clinicians have for delivering the kind of patient care that inspired them into the nursing profession.” 

About GetWellNetwork
GetWellNetwork, Inc. uses the bedside TV to entertain, educate and empower hospital patients and caregivers to be more actively engaged in their care. This patient-centered approach improves both satisfaction and outcomes for patients and hospitals. GetWellNetwork is the leader in interactive patient care solutions and exclusively endorsed by the American Hospital Association. More information about GetWellNetwork can be found at www.GetWellNetwork.com.

Media Contact:
Jenny Song
(703) 338-8434
Email Contact

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Filed Under: Facilities And Providers

UV Flu Technologies Plans National Television Sales Awareness Campaign

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: UV Flu Technologies, Inc.

CENTERVILLE, MA–(Marketwire – August 18, 2010) –  UV Flu Technologies, Inc. (OTCBB: UVFT) (the “Company”) is pleased to announce that it has signed an agreement with Trade Network, Inc., dba Creative Media and Buying Services, to produce a series of television advertisements in order to publicize a national awareness campaign featuring the ViraTech UV-400 product line, and its proven health benefits in relationship to the ongoing and growing dangers presented by poor indoor air quality in homes, and workplaces across the nation.

The commercials are slated to air beginning in October, just prior to the onset of the traditional flu season, and will be broadcast on a variety of national television networks at various airtimes. They will be broadcast throughout this heightened period of awareness and, as such, are designed to offer an informative and educational outlook demonstrating the design and proven effectiveness of the UV-400 bacteria killing air purifier in action.

The indoor air quality (“IAQ”) sector is a vast market that grows in significance every time an airborne illness penetrates public mainstream awareness. This generally occurs in the fall and spring seasons and is usually in the forefront of public awareness during the fall season when the Company’s advertisements are scheduled for broadcast.

“This campaign is expected to not only to raise national awareness of the ViraTech UV-400 and its ability to kill bacteria and other contaminants, but to also spotlight the epidemic increase in respiratory problems due to poor indoor air quality generally,” stated Jack Lennon, President of UV Flu Technologies. “These television spots are an integral part of our overall marketing plan intended to capture a significant percentage of the worldwide multibillion dollar air-purification and filtration product marketplace, by demonstrating a product that actually works, and which has been cleared by the FDA as a medical device specifically for killing bacteria. The UV-400 product, along with several other products currently under development is directly aimed at reducing the extraordinary number of deaths attributed to poor indoor air quality that occur around the world every year.”

The UV-400 is uniquely positioned to attract serious attention by consumers due to its listing as a Medical Device with the FDA which resulted after a battery of rigorous laboratory tests proved the UV-400 kills 99% of airborne bacteria in its patented UV chamber. The device is designed to easily circulate the air within the average home or work environment multiple times per hour, and will be demonstrated within a number of real life situations and applications throughout the television presentations.

Further details regarding the Company’s business, financial reports and agreements are filed as part of the Company’s continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission’s (“SEC”) EDGAR database.

About UV Flu Technologies, Inc. (OTCBB: UVFT)
UV Flu Technologies is an innovative developer, manufacturer and distributor of bio technology products initially targeting the rapidly growing Indoor Air Quality (“IAQ”) industry sector. The Company manufactures the VIRATECH UV-400, which utilizes high-intensity germicidal ultraviolet radiation (UV-C) inside a killing chamber that goes beyond filtration to destroy harmful airborne bacteria at rates exceeding 99.2% on a first-pass basis. The FDA has issued a coveted Class II medical listing that enables UV Flu Technologies to market the product as a medical device.

Notice Regarding Forward-Looking Statements
This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

ON BEHALF OF THE BOARD

UV Flu Technologies, Inc.
—————————–
John J. Lennon, President & CEO

Investor Information:
Geaux IR Services, Inc.
Toll-Free: 1-888-355-8838
Email Contact

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Filed Under: Facilities And Providers

Analysis Shows Hospitals Can Double Revenue From Their Own Employee Health Plans

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: CoreSource

LAKE FOREST, IL–(Marketwire – August 18, 2010) –  Hospitals and health systems can double revenue from their own employee health plans by implementing the right benefit strategies, according to research released today by CoreSource, one of the nation’s leading administrators of employee benefit plans for self-funded hospitals, health systems and other employers.

“When deciding how to offer medical benefits to their employees, hospitals and health systems embark on a complex process because they serve as both a health plan sponsor and a provider of healthcare services. For a hospital, offering an employee health plan and managing its costs require the institution to balance the need to grow patient volume and revenue with the need to control labor costs,” said Rob Corrigan, Vice President of Product Management and Planning, CoreSource.

A comprehensive analysis of the employee benefit strategies of nearly 70 CoreSource hospital and health system clients from across the country shows that a hospital using its domestic network of healthcare providers can increase its revenue, on average, by more than $1,200 per employee per year compared to a hospital that outsources its network to a commercial PPO contracting with all health system providers.

The study finds that hospitals employing this “direct contracting” model for their own employee health plans average about $2,500 in revenue per employee per year, compared to about $1,250 for those who employ the “outsourced PPO” model. The findings are contained in the CoreSource white paper, “Hospitals and Healthcare Systems: An Inside Look at Group Health Plan Strategies To Control Costs and Provide Access to Healthcare.”

According to the CoreSource study, hospitals generally use one of five benefit strategies when offering a self-funded PPO to their employees. The study also found that self-funded hospitals and health systems have, on average, six percent higher health benefit costs per employee than other CoreSource clients.

“The primary driver of the higher benefit costs for hospitals and health systems is their demographics,” Corrigan said. “Our analysis shows that hospitals and health systems typically employ more women, employees older than 40 and individuals with chronic conditions than other self-funded groups. These sectors of the population use healthcare services more often than other groups of individuals.”

The analysis also demonstrates how important employee compliance is for cost control. Compliance with preventive testing and disease management for employees of hospitals is better than for other self-funded employers, according to the research, while the average length of stay is 28 percent lower than other groups. “Without this level of compliance, it is fair to reason that hospital and health systems benefit plan costs would be even higher,” he said.

Understanding how different benefit strategies work is important for any hospital or healthcare system seeking to control costs and boost revenue, but it is critical for a hospital that wishes to become designated an Accountable Care Organization (ACO), a new payment and healthcare delivery system created by healthcare reform legislation.

“An ACO is designed to drive healthcare quality while stepping away from the traditional fee-for-service payment approach. A hospital using a domestic network or contracting directly with providers will have operational mechanisms in place that will help the institution make the transition. A hospital that outsources its network may not have the mechanisms readily available to make the shift easily,” Corrigan said.

Hospitals must look at their employee population, market conditions, reimbursement levels and relationships with physicians, and weigh many other factors before determining how to proceed with their benefit strategy. “Information gleaned from the analysis can help guide them in determining the right plan design for their institution,” Corrigan said. “Regardless of the strategy selected, a hospital must monitor cost and utilization trends so that it maintains the desired balance between competing financial objectives and positive relationships with employees, doctors and other stakeholders.” 

For more information on CoreSource and hospital and health system benefit administration, visit this website.

About CoreSource
 
CoreSource is one of the nation’s leading TPAs, delivering integrated, customized employee benefit solutions to self-funded employers. CoreSource utilizes cutting-edge products and services designed to facilitate effective cost-containment strategies. CoreSource is a subsidiary of Trustmark Mutual Holding Company and has nine sales and customer service offices across the country. Trustmark has assets of more than $1.7 billion and, through CoreSource and other subsidiaries, administers more than $2.5 billion in health and life benefits annually. For more information, visit www.coresource.com.

Contact:
Cindy Gallaher
(847) 283-4065
Email Contact

Filed Under: Facilities And Providers

CNS Response Provides Regulatory Update

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: CNS Response, Inc.

ALISO VIEJO, CA–(Marketwire – August 17, 2010) –  CNS Response (OTCBB: CNSO) submitted an application to FDA for obtaining 510k clearance for its Referenced-EEG (rEEG®) service as a Class II device in April 2010. CNS Response CEO George Carpenter commented, “Based on our latest discussions with the FDA, it’s clear that 510k clearance will not occur in September, as we had originally hoped. We also thought shareholders should know that our business continues to move forward, with greater focus on pharma bioinformatics and clinical services.”

The Company has always considered rEEG to be a reference data service, not a traditional medical device under FDA regulation, since rEEG is a reference database accessed by qualified medical professionals over the web. However, in December 2009, Jeffrey Shuren, MD — now director of the Center for Devices and Radiological Health — presented a clear and reasonable route to 510k clearance, citing several packaged software products currently regulated as Class II devices, and which the FDA believed to be similar to rEEG. Based on this clear pathway and the commercial advantages of such approval, the Company filed for 510k clearance in April. In late July, however, reviewers indicated that they now believe rEEG is not substantially equivalent to those software products, but is in fact a new device with a new indication for use requiring a 510k filing with different predicate devices or application for Premarket Approval (PMA). 

Carpenter continued, “This brings us back to our original position, which was never waived. The growth of the internet and medical informatics have led to an explosion of similar services which offer physicians objective information about patient treatment options. rEEG was developed by physicians to solve a critical information gap in medicine, and it is now the largest reference database correlating electrophysiology (EEG) with standard pharmacotherapy. We will continue to grow our non-device business, and we will also continue our dialog with the FDA toward a mutual understanding of its regulatory relationship to rEEG services.”

About CNS Response
Today, most physicians are able to base treatment on objective test data, such as EKGs, MRIs, blood tests, etc. Broadly speaking, such advances have not yet come to those physicians practicing psychiatry.

Referenced-EEG was developed by physicians to provide objective, personalized, statistical data on patient neurophysiology. In clinical trials, physicians using rEEG data have consistently achieved superior clinical results compared to physicians using trial and error pharmacotherapy.

The Company announced publication last week of results from its most recent clinical trial in The Journal of Psychiatric Research, in which physicians using Referenced-EEG (rEEG®) had success rates reaching 65 percent for patients with treatment-resistant depression.

To read more about the benefits this patented technology provides physicians, patients and insurers, please visit the CNS Response website, www.cnsresponse.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Except for the historical information contained herein, the matters discussed are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements involve risks and uncertainties as set forth in the Company’s filings with the Securities and Exchange Commission. These risks and uncertainties could cause actual results to differ materially from any forward-looking statements made herein.

Investors:
Marty Tullio
Managing Partner
McCloud Communications, LLC
949.553.9748
Email Contact

Filed Under: Facilities And Providers

Sacramento Maternal-Fetal Medicine Selects the SRS Hybrid EMR for Its Highly Specialized Providers

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: SRSsoft

Patient Care Focus of Hybrid EMR Meets Needs of High-Risk Pregnancy Group

MONTVALE, NJ–(Marketwire – August 17, 2010) – SRS, the leader in hybrid EMRs, today announced that Sacramento Maternal-Fetal Medicine (Sac MFM) has selected the productivity-enhancing SRS hybrid EMR for its high-risk pregnancy practice. With offices located in Sacramento and Chico, Sac MFM provides exceptional care to expectant women in Northern California.

“Our high-risk OB/GYN patients require complex care from our physicians and staff throughout their pregnancies,” says Lynn K. McLean, M.D., Sac MFM. “The SRS hybrid EMR allows us to deliver more complete care by freeing us to focus our time and energy on our patients. The advantages of SRS also extend beyond the walls of our practice. Having meticulously organized clinical information helps me to more quickly and more completely communicate with referring physicians, which in turn enables them to provide better care to our mutual patients.”

“We explored a wide spectrum of EMR solutions and it was clear that the SRS hybrid EMR would add the most value,” says Deborah Sennett, Administrator of Sac MFM. “One of the important benefits is malpractice risk management — we feel more confident in the protection that digitized, organized, and complete records will deliver in this regard.”

SRS was designed with direct input by its high-performance physicians to provide them with a system that fits their needs, helps them to work more efficiently, and enables them to achieve a rapid return on their investment. SRS, which has built the largest national network of high-performance practices that successfully use an EMR, attributes its unmatched adoption rate to ease of use, fast implementation, and an accelerated timeframe for training physicians and office staff.

“The SRS hybrid EMR provides an efficiency-enhancing solution to practices that do not want to be slowed down by unnecessarily complex point-and-click systems,” says Evan Steele, CEO of SRSsoft. “Sacramento Maternal-Fetal Medicine prides itself on delivering exceptional care to their high-risk patients. We are confident that our solution will enhance their ability to do so, and we are happy that they are part of the growing family of over 5,000 SRS users.”

About Sacramento Maternal-Fetal Medicine
Sacramento Maternal-Fetal Medicine Medical Group is the only comprehensive high-risk pregnancy medical group in the Sacramento region. For over 20 years, their physicians have provided care for women in Northern California, specializing in ultrasound, prenatal diagnosis, genetics, medical and surgical complications of pregnancy, as well as the management of multiple gestations (e.g. triplets, quadruplets). Visit them at: http://sacmfm.com.

About SRSsoft
SRS is the recognized leader in providing healthcare IT solutions to OB/GYN practices nationwide. The award-winning SRS hybrid EMR offers powerful and flexible solutions to the complex requirements of clinical workflows, patient care, and OB/GYN practice operations. Prominent OB/GYN groups overwhelmingly choose SRS because of its unique fit with the demands of their specialty. For more information on SRS, visit www.srssoft.com, e-mail [email protected], fax 201.802.1301, or call 800.288.8369.

Media Contact
Jeremy Duca
SRSsoft
800.288.8369
Email Contact

Filed Under: Facilities And Providers

Healthcare Payers Get a Lower Cost Complete Solution to Satisfy IRS Regulations for 1099 Filing

Posted on August 16, 2010 Written by Annalyn Frame

SOURCE: W9 Corrections

CHARLOTTE, NC–(Marketwire – August 16, 2010) – Healthcare payers will now be able to reduce expenses and time spent on meeting the IRS requirements for 1099 filing and subsequent W9 requests with W9 Corrections, Inc.‘s “1099 Solution.” Gerard Szatkowski, President of W9 Corrections, Inc., a subsidiary of Bases Loaded, Inc., announced this new offering that promises to alleviate one of the more troublesome problems for Healthcare Payers.

“All Payers realize the need for the IRS to receive accurate information on the payments they make,” said Szatkowski. “The real issue is the amount of time and effort required to meet the IRS requirements and avoid large penalties. With new regulations that add more requirements to Payers in meeting their 1099 filing obligations, payers are even more anxious. After listening to our clients’ pleas we are excited to release our proactive 1099 Solution.”

Through its work with Provider records, W9 Corrections developed a proactive product that will eliminate errors in required 1099 filings. W9 Corrections spent 10 years in research and development on the 1099 Solution product that takes the entire 1099 workload away from the Healthcare Payer and allows them to focus on the business of Healthcare.

About W9 Corrections

W9 Corrections is a subsidiary of Bases Loaded, Inc. Founded in 1999 and headquartered in Charlotte, NC, Bases Loaded is a database management company solely focused on healthcare provider information. BLI has focused on the health and dental insurance markets since their inception. BLI specializes in helping Healthcare payers manage Provider data in the claims process. W9 Corrections can be reached at (704) 424-9889, www.w9corrections.com.

W9 Corrections
(704) 424-9889
www.w9corrections.com

Filed Under: Facilities And Providers

Third Quarter EPS Increase 25% at Access Plans, Inc.

Posted on August 16, 2010 Written by Annalyn Frame

SOURCE: Access Plans, Inc.

New Marketing Strategies Designed to Address Opportunities Created by Healthcare Reform Act

NORMAN, OK–(Marketwire – August 16, 2010) – Access Plans, Inc. (OTCBB: APNC), a leading membership benefits marketing company, today announced its operating results for the third quarter and first nine months of FY2010. An investor conference call is scheduled for 11:30 a.m. EDT today, August 16, 2010 (see details below).

Third Quarter Results

Revenues for the three months ended June 30, 2010 increased 3% to approximately $14.4 million, compared with approximately $14.0 million in the third quarter of FY2009. Operating income increased 7% to $1.34 million, versus $1.26 million in the prior-year period.

Net income for the third quarter of FY2010 improved to $0.95 million, which represented an increase of 10% when compared with net income of $0.86 million in the year-earlier quarter. Earnings per share, fully diluted, increased 25% to $0.05, versus $0.04 in last year’s third quarter. The number of weighted average diluted shares outstanding approximated 19.8 million during the most recent quarter, compared with 21.6 million shares in the third quarter of FY2009. The decrease in the weighted average number of diluted shares outstanding resulted from the Company’s repurchase in the first quarter of FY2010.

“I am confident that we are taking the steps necessary to grow our revenues and earnings on a long-term basis,” commented Danny Wright, Chief Executive Officer of Access Plans, Inc. “The Wholesale Plans division generated a 15% increase in revenues during the most recent quarter, reflecting increased customer participation at existing locations, along with an increase in the number of locations offering our plans. The Retail Plans division’s growth continues to more than offset the revenue losses from the run-off of legacy programs that we inherited following the acquisition of Access Plans USA in April 2009. We are also investing in new product offerings and marketing strategies in the Retail Plans division. Meanwhile, we continue to work on transitioning the Insurance Marketing division’s sales mix from its previous emphasis on major medical policies towards innovative solutions that combine supplemental and life products with major medical sales. We believe this new approach, which was prompted by certain aspects of the Healthcare Reform Act, should maintain commission income for agents, while improving the division’s operating margins. We are in the final stages of designing this new supplemental offering, and rollout is scheduled for the first quarter of Fiscal 2011.”

Wholesale Plans

Revenues at the Wholesale Plans division increased 15% to $5.8 million in the most recent quarter, versus $5.0 million in the prior-year period. The increase was attributable to improved sell-through at existing locations, as well as the addition of new accounts. Gross margin doubled to $1.8 million, compared with $0.9 million a year earlier, due to the revenue increase and a reduction in involuntary unemployment waiver expenses resulting from lower levels of national unemployment. Operating income at the division increased 169% to $1.4 million, versus $0.5 million in the prior-year period. 

Retail Plans

Revenues at the Retail Plans division in the third quarter of FY2010 increased 9% to $4.9 million, prior to inter-company eliminations, versus $4.5 million in the prior-year period. The increase was attributable primarily to investments in new programs that offset revenue declines in the legacy business. Gross margins decreased $0.6 million due to upfront sales and marketing costs associated with a new product rollout. The division’s operating income declined to $0.4 million in the third quarter of FY2010, versus $0.9 million in the third quarter of FY2009, as a result of expenses related to a new product rollout, as discussed above.

Insurance Marketing

Insurance Marketing division revenues decreased to $5.0 million, versus $5.7 million in the third quarter of FY2009. The decline was due in large part to the exit of two major medical carriers from the market. Operating income (loss) decreased to ($0.05 million), versus $0.1 million in last year’s third quarter. As discussed above, due to the recent passage of the Health Care Reform Act, our Insurance Marketing division, AHCP, will shift its product mix over the next several quarters to emphasize association-based supplemental insurance products and membership plans offered in conjunction with individual health insurance policies.

Nine-Month Results

Revenues for the nine months ended June 30, 2010 increased 61% to approximately $41.1 million, compared with approximately $25.5 million in the first nine months of FY2009. Operating income increased 35% to $4.2 million, versus $3.1 million in the prior-year period.

Net income for the first nine months of FY2010 increased to $2.6 million, which represented an improvement of 20% when compared with net income of $2.1 million in the corresponding period of the previous fiscal year. On a diluted per-share basis, earnings remained at $0.13 for the nine months ended June 30, 2010 and 2009. The number of weighted average diluted shares outstanding increased to 20.1 million during the first nine months of FY2010, versus 16.5 million in the year-earlier period. 

Other Matters

Cash, cash equivalents and restricted cash totaled $5.1 million at June 30, 2010, versus $4.6 million at September 30, 2009. The modest increase resulted from a $1.0 million note payoff in the second fiscal quarter and higher upfront sales commissions on a new product in the Retail Plans division. The Company has no long-term debt outstanding. Meanwhile, stockholders’ equity has increased 33% from $10.2 million on June 30, 2009 to $13.6 million on June 30, 2010.

Conference Call and Webcast Information

Access Plans will host a conference August 16, 2010 at 11:30 a.m. EDT. To access the conference call, please dial 877-317-6789 (U.S.) or 412-317-6789 (international) and ask to be placed into the “Access Plans” conference call. The conference call will also be available via “live” webcast under the Investor Relations section of the Company’s website at www.accessplans.com, or by visiting http://www.videonewswire.com/event.asp?id=71766 to access the webcast directly.

A replay of the conference call will be available through August 24, 2010 and can be accessed by dialing 877-344-7529 (U.S.) or 412-317-0088 (international) and entering the conference ID number 443633. An archived version of the webcast will also be available under the Investor Relations section of the Company’s website at www.accessplans.com.

About Access Plans, Inc.

Access Plans, Inc. (OTCBB: APNC) is a leading membership benefits marketing company with two distribution channels. The Wholesale/Retail Plans distribution channel specializes in turnkey, private-label membership benefit plans that provide discount products and services, protection benefits and retail services to more than one million customers in the United States and Canada. America’s Health Care Plans (AHCP), the Company’s Insurance Marketing distribution channel, is one of the nation’s largest independent agent networks and provides major medical, life and supplemental insurance products to individuals. For more information, please visit: www.accessplans.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act:

This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, Section 27A of the Securities Act of 1933, as amended and pursuant to the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may relate to financial results and plans for future business activities, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competitive pressures, loss of significant customers, the mix of revenue, changes in pricing policies, delays in revenue recognition, lower-than-expected demand for the Company’s products and services, general economic conditions, and the risk factors detailed from time to time in the Company’s periodic reports and registration statements filed with the Securities and Exchange Commission. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and the Company assumes no responsibility for updating such forward-looking statements after the date of this release.

   
   
Access Plans, Inc.  
Consolidated Statements of Operations  
(Unaudited and dollars in thousands, except earnings per share)  
                                     
                                     
    For the Three Months Ended June 30,     For the Nine Months Ended June 30,  
    2010     2009     Change     2010     2009     Change  
Net revenues   $ 14,371     $ 13,960     $ 411     $ 41,134     $ 25,514     $ 15,620  
Direct costs     10,130       9,811       319       28,390       16,786       11,604  
Gross profit     4,241       4,149       92       12,744       8,728       4,016  
Operating expenses     2,899       2,892       7       8,505       5,592       2,913  
Operating income     1,342       1,257       85       4,239       3,136       1,103  
Net other income (expense)     (19 )     303       (322 )     20       217       (197 )
Provision for income taxes, net     375       698       (323 )     1,679       1,205       474  
Net income   $ 948     $ 862     $ 86     $ 2,580     $ 2,148     $ 432  
Per Share Data:                                                
  Basic   $ 0.05     $ 0.04       0.01     $ 0.13     $ 0.13     $ (0.00 )
  Diluted   $ 0.05     $ 0.04       0.01     $ 0.13     $ 0.13     $ (0.00 )
                                                 
Average Shares Outstanding:                                                
  Basic     19,777       21,634       (1,857 )     19,954       16,529       3,425  
  Diluted     20,009       21,636       (1,627 )     20,134       16,534       3,600  
                                                 
                                                 
      For the Three Months Ended June 30,       For the Nine Months Ended June 30,  
      2010       2009       Change       2010       2009       Change  
Segment net revenues                                                
  Wholesale Plans   $ 5,764     $ 5,021     $ 743     $ 16,539     $ 14,707     $ 1,832  
  Retail Plans     4,883       4,479       404       12,893       8,723       4,170  
  Insurance Marketing     5,017       5,653       (636 )     15,441       5,653       9,788  
  Eliminations     (1,293 )     (1,193 )     (100 )     (3,739 )     (3,569 )     (170 )
    $ 14,371     $ 13,960     $ 411     $ 41,134     $ 25,514     $ 15,620  
                                                 
                                                 
      For the Three Months Ended June 30,       For the Nine Months Ended June 30,  
      2010       2009       Change       2010       2009       Change  
Segment operating income                                                
  Wholesale Plans   $ 1,364     $ 508     $ 856     $ 2,584     $ 1,856     $ 728  
  Retail Plans     359       860       (501 )     2,239       1,863       376  
  Insurance Marketing     (49 )     114       (163 )     275       114       161  
  Corporate     (332 )     (225 )     (107 )     (859 )     (697 )     (162 )
    $ 1,342     $ 1,257     $ 85     $ 4,239     $ 3,136     $ 1,103  

 

         
         
Access Plans, Inc.
Condensed Consolidated Balance Sheets
(Unaudited and dollars in thousands)
         
         
        September 30,
        2009
    June 30,   (Derived From
    2010   Audited
    (Unaudited)   Statements)
         
         
Total current assets   $ 16,276   $ 15,270
Total assets   $ 25,033   $ 25,973
Total current and long term liabilities   $ 11,451   $ 14,479
Total stockholders’ equity   $ 13,582   $ 11,494
Total liabilities and stockholders’ equity   $ 25,033   $ 25,973

Contact:
Access Plans, Inc.
Robert Hoeffner
405-579-8525
[email protected]

Filed Under: Facilities And Providers

James Lee Witt Named Senior Advisor at Zimek Technologies, Industry Leader in Infection Control and Biohazard Remediation

Posted on August 16, 2010 Written by Annalyn Frame

SOURCE: Zimek Technologies

TAMPA, FL–(Marketwire – August 16, 2010) –  Zimek Technologies (www.zimek.com) is pleased to announce today the addition of James Lee Witt, Chief Executive Officer of Witt Associates, as Senior Advisor at Zimek, the industry leader in infection control and biohazard remediation systems. Witt was Cabinet-level Director of FEMA (Federal Emergency Management Agency) during the Clinton Administration.

As a Senior Advisor to Zimek Technologies, Witt will work closely with Advisory Board members including former Illinois State Senate President Emil Jones Jr.; Dr. Brad Spellberg, infectious disease specialist at the David Geffen School of Medicine at UCLA and Harbor-UCLA Medical Center; Dr. Peder Bo Nielsen, consultant in Microbiology with the United Kingdom’s North West London NHS Trust; and Dr. Lindsey Shaw, Assistant Professor of Molecular Microbiology at the University of South Florida.

“Zimek Technologies is thrilled to have James Lee Witt join our team,” stated Kurt Grosman, CEO of Zimek. “Having Mr. Witt onboard is a testament to the effectiveness of our products and the need for stronger decontamination protocols. He will provide unprecedented leadership in the growth of our company.” Zimek’s sophisticated three-dimensional touch-less decontamination technology is being implemented in many facilities nationwide to effectively prevent the spread of deadly viruses and bacteria.

Witt’s firm recently joined the support and recovery operations of Gulf Coast communities in the wake of the oil and gas spill in the Gulf of Mexico. Witt currently serves as a Special Advisor to the State of Louisiana, assisting with the nation’s largest long-term recovery effort in the aftermath of Hurricanes Katrina and Rita.Witt Associates, a public safety and crisis management consulting firm based in Washington D.C., focuses on disaster recovery and mitigation management services to state and local governments, educational institutions, the international community and corporations.

“There must be a stronger focus on prevention of infection, not just remediation after the infection occurs,” Witt added. “Decontamination can play a larger role in our efforts to combat deadly viral and bacterial infections, and is giving us a powerful new tool in the arsenal to fight biohazard attacks.”

Zimek Technologies, based in Tampa, Florida, has been developing and marketing its patented automatic Micro-Mist® decontamination technologies for more than five years. Zimek’s industry-leading technologies are used by the U.S. Department of Homeland Security, fire and EMS departments, healthcare facilities, public health agencies, transit systems, correctional facilities, and local law enforcement agencies across America.

Bob Mazza
310-994-4847
[email protected]

Filed Under: Facilities And Providers

Carrot Better Than Stick With Meaningful Use Criteria, Kalorama Information

Posted on August 12, 2010 Written by Annalyn Frame

SOURCE: Kalorama Information

NEW YORK, NY–(Marketwire – August 12, 2010) –  Final meaningful use rules that relax criteria slightly for electronic medical records (EMR) reflect a more “realistic approach” given the slow adoption rates of EMR among physicians over the past few years, according to Kalorama Information. The healthcare market research publisher had predicted that the market would grow to $25 billion by 2014, and believes that achievable but progressively challenging criteria for incentives are optimal. 

The proposed rule would have required doctors to e-prescribe 75 percent of their drug orders to meet incentive requirements. The final rule lowers that threshold to 40 percent. Also, CMS’s proposed rule would have required physicians to meet 25 “meaningful use” objectives, with hospitals asked to meet 23 markers. The final rule splits those objectives into a group of core measures — 15 for doctors and 14 for hospitals — and offers a menu of 10 additional measures, from which providers can choose five to report. HHS has also indicated that the rules would be tightened the following year. 

“I think most people watching how healthcare IT has worked in the past would say the final rules are realistic,” said Bruce Carlson, publisher of Kalorama Information. “The goals are reachable, but at the same time, HHS is taking care not to issue credits merely for buying software. And the better the incentives work, the better the impact on the market and for the companies competing in EMR systems.”

According to Kalorama’s review of several physician EMR surveys for the past three years, prior to the incentives only about a third of physicians used EMR and perhaps a tenth used it exclusively, though incentives are expected to change that. Physicians who meet the criteria will be able to collect incentives as high as $44,000 starting in 2011. Those who do not use EMR systems according to the criteria will face a 3% reduction in payments in 2015.

“The HITECH Act incentives are a carrot and a stick system,” said Carlson. “With any such system it is greatly preferable to get maximum use of the carrot and reserve the stick for what are hopefully just a few holdouts who do not comply after being given multiple chances to do so. Otherwise, what was a well-thought out policy would become just a mandate.”

Kalorama Information’s report, “EMR 2010 (Market Analysis, ARRA Incentives, Key Players, and Important Trends),” contains more information on market forecasts, company profiles, and trends in the EMR market. The report is available at: http://www.kaloramainformation.com/redirect.asp?progid=79444&productid=2503320.

About Kalorama Information
Kalorama Information supplies the latest in independent market research in the life sciences, as well as a full range of custom research services. We routinely assist the media with healthcare topics. Follow us on Twitter (http://www.twitter.com/KaloramaInfo) and LinkedIn (http://www.linkedin.com/groups?gid=2177845&trk=hb_side_g).

Filed Under: Facilities And Providers

MedCo Data Unveils Dermesse(TM) Online Shopping Cart to Enhance Dermatology, Plastic Surgery and Med-Spa Practice Revenues and Patient Relations

Posted on August 11, 2010 Written by Annalyn Frame

SOURCE: MedCo Data

TAMPA, FL–(Marketwire – August 11, 2010) – MedCo Data, a leading provider of technology and informatics expertise for physician practices, unveiled the Dermesse™ Online Shopping Cart at the American Academy of Dermatology Summer Academy Meeting. The Online Shopping Cart is an innovative shopping service designed to enable dermatology practices, as well as medical professionals specializing in aesthetic and cosmetic procedures, to enhance revenues through secure online sales of the Dermesse line of quality skin care products.

The Online Shopping Cart package consists of a customized “portal,” built and maintained by MedCo Data, where authorized patients of the practice can securely shop and order Dermesse products, access exclusive promotions and purchase gift cards for procedures and other practice services. The shopping portal integrates into the practice’s existing website, creating an online information destination that brings value to both the patient and provider.

“The Dermesse Online Shopping Cart is a unique way for us to extend the patient relationship by providing easy and convenient access to high quality skin care products,” said Dr. Robert D. Rehnke, M.D., FACS, The Center for Surgical Excellence, a state-of-the-art, fully accredited cosmetic and reconstructive plastic surgery center in St. Petersburg, Fla. “At the same time, it creates a viable revenue stream for our practice without disrupting workflows or diverting resources from other areas.”

Inventory and order fulfillment is managed entirely by Axia Medical Solutions, which manufactures and sells the Dermesse line exclusively through medical professionals. “The Online Shopping Cart provides our physicians with the power and convenience of the Internet while maintaining the exclusive distribution channel upon which our success is based,” said Jim Krulisky, CEO, Axia Medical Solutions. “Most importantly, they are able to leverage our lean inventory management processes without making a sizable upfront investment, thereby creating a win-win for Dermesse and the practice.”

Promotional support is provided by MedCo Data in the form of a high-quality integrated online and in-practice marketing campaign. This includes professionally designed and produced banner ads on the practice’s existing website, lobby signage, displays at the check in/out desk and appointment reminder cards. 

“What is most appealing about the Dermesse Online Shopping Cart is the marketing support, providing our clients with access to Dermesse products without adding to our staff’s workload to manage marketing or fulfillment,” said Marissa Hervey, Licensed Paramedical Aesthetician and Principal, DayGlo Med-Spa. 

Adds Rob Cash, COO, MedCo Data: “By aligning the Dermesse product with a targeted marketing campaign that utilizes the online technology portfolio of MedCo Data, as well as inventory management and order fulfillment, we have aligned the primary stakeholders and established a foundation of success for any practice that wants to add new profit centers and enhance patient communications.”

About MedCo Data, LLC
MedCo Data (www.medcodata.com) provides the technology and informatics expertise that enables physician practices and other ambulatory care organizations to leverage EMR/EHR systems and other software to improve, expand and evolve their services. The firm offers managed technology services centered on its Proactive Care Help Desk, which serves as a one-stop support service for all office technology. On the consulting side, MedCo Data’s patent-pending Workflow Centric® offering guides practices through the EMR/EHR selection, implementation and decision-making process, with the goal of matching the client organization with the CCHIT-certified software vendor that best meets its unique needs.

About Axia Medical, LLC
Axia Medical Solutions is a privately held global specialty pharmaceutical company that develops, manufactures, and commercializes skin care products to medical professionals specializing in dermatologic, aesthetic, and cosmetic procedures. Products include prescription drugs, OTC and cosmeceutical products. The main brand, Dermesse, was introduced in 2003 to address the signs of aging. The Dermesse skin care products effectively penetrate the skin barrier and are indicated for the treatment of melasma, chloasma, lentigines, and hyperpigmentation, and are effective against sun and environmental damage. Private label programs are available for all products. Axia Medical Solutions corporate offices are in Carlsbad, California. For more information, visit www.axiamedical.com.

Media Contact:
Liz Roop
NPC Creative Services
(813) 960-5032 ext. 302
Email Contact

Filed Under: Facilities And Providers

Smartronix Acquires Health Information Technology Company

Posted on August 11, 2010 Written by Annalyn Frame

SOURCE: Smartronix

HOLLYWOOD, MD–(Marketwire – August 11, 2010) –  Smartronix, Inc., a global information technology and engineering solutions provider, announced today that it has acquired Cogon Systems, Inc., to expand its growing health information technology portfolio. The new company operating as Cogon Systems, LLC is a wholly owned subsidiary of Smartronix led by Cogon’s current CEO, Dr. Huy Nguyen.

Founded by Dr. Huy Nguyen, M.D., Cogon facilitates healthcare connectedness by way of its value-driven innovations and comprehensive thought leadership. Through its Virtual Health Network (VHN) platform, a SOA-based architecture using an enterprise service bus that provides business logic flexibility, network scalability, data interoperability, and application extensibility, Cogon is committed to facilitating value based healthcare. The VHN is implemented with basic services that enhance the exchange of health information supporting referral management of patients who receive care from multiple providers. These basic services include continuity of care information, patient demographic and administrative information, diagnoses/problem lists, providers, allergies, medications, laboratory results, radiology results, previous procedures, and clinical notes. Currently, Cogon’s VHN allows for the first time sharing of tens of thousands of health records between the Department of Defense and commercial hospitals. Leveraging Smartronix’ business maturation, growth in the federal healthcare, and its expertise in network operations and cyber-security, Cogon is well positioned to provide premium services in the federal health sector.

Smartronix CEO, John Parris, said, “The addition of Cogon, its visionary leadership, and its intellectual property are a great complement to Smartronix’ growing health information technology business. We are confident that our network operations, enterprise software solutions, and cyber security core competencies will assist in leveraging and augmenting Cogon Systems’ Virtual Health Network platform.”

About Smartronix

Smartronix is a global professional solutions provider specializing in NetOps, Cyber Security, Enterprise Software Solutions, Mission-Focused Engineering, and Health IT. Smartronix is headquartered in Hollywood, Maryland, with operating offices in Virginia (3), North Carolina, Florida (2), Alabama, Georgia, Ohio, Texas, and Arizona; and 600 employees throughout the United States and at strategic locations in Germany, Korea, Japan, and the Philippines. The company has been recognized as an Employer of Choice by Northern Virginia Family Service and as one of the 50 fastest-growing companies in the Greater Washington D.C. area and one of the top 500 and top 5,000 nationally as ranked by Washington Post and Inc 500 media, respectively. 

Contact:
Laurell Aiton
VP Corporate Relations
Telephone: 301.373.6000
E-Mail: [email protected]

Filed Under: Facilities And Providers

Virtual Pharma Rep(TM) to Launch First Pharmacuetical E-Detailing Campaign for the South African Market

Posted on August 11, 2010 Written by Annalyn Frame

SOURCE: Virtual Pharma Rep

Virtual Pharma RepTM Leads the Paradigm Shift to Virtual Sales in South Africa’s Pharmaceutical Industry

JOHANNESBURG, SOUTH AFRICA–(Marketwire – August 11, 2010) – Virtual Pharma Rep™ (VPR), an e-marketing firm with a patent pending, e-detailing marketing platform, today announced that it will be launching South Africa’s first e-detailing campaign, in partnership with a major South African pharmaceutical company. This is the first ever marketing project of its kind in the South African pharmaceutical industry.

Virtual Pharma Rep™ recently opened operations in South Africa, and is a pioneer in bringing a new virtual sales approach to the market that revolutionizes expensive pharmaceutical sales models, supplements existing sales forces and reduces marketing and promotional budgets significantly. Virtual Pharma Rep™ leverages technology to deliver powerful multimedia messages to doctors that educate and provide important product and service information directly from the pharmaceutical company, much like a field sales rep. This new sales approach is designed to provide consistent, controlled and fully customized messages to multiple doctors simultaneously through an online communication channel, along with various ways for doctors to communicate with companies in return. Messages can be accessed by doctors at their convenience, when their schedule allows, thereby saving precious time in their schedules.

“New marketing strategies are necessary to stay competitive in any industry, and this is especially true now within South Africa as marketing trends shift due to new technological advances,” said Jim Rediehs, CEO of Virtual Pharma Rep. “We are most excited to be launching our revolutionary marketing concept in the South African pharmaceutical market. We will demonstrate that e-detailing, in conjunction with current marketing and sales strategies, is an effective way to penetrate target audiences, even those in hard to reach white spaces. E-detailing fills in communication gaps, and therefore reaches more doctors, which ultimately provides patients with better access to the pharmaceutical products they require for a healthy life.”

For more information, visit www.virtualpharmarep.com

About Virtual Pharma Rep™

Virtual Pharma Rep is revolutionizing the pharmaceutical industry by leading the paradigm shift to virtual sales support and service models that enhance or replace existing and expensive pharmaceutical marketing strategies. Virtual Pharma Rep is led by a highly experienced team of pharmaceutical industry veterans and growth strategists. For more information visit www.virtualpharmarep.com

Media Contact:
Ann Norman
Norman Communications
+646-845-9275
Email Contact

Filed Under: Facilities And Providers

Médicos del Hospital Mount Sinai derrumban los mitos sobre el verano entre los latinos y dan consejos para una vida saludable

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: The Mount Sinai Medical Center

NUEVA YORK, NY–(Marketwire – August 9, 2010) – El verano es tiempo para practicar deportes
al aire libre, disfrutar de un asado con familiares y amigos, salir al
campo, ir la playa y mucho más. Sin embargo, algunas creencias comunes
entre la comunidad Hispana podrían estar impidiendo a esta comunidad
disfrutar de su salud. Por eso, un equipo de médicos del Hospital Mount
Sinai aclara cuatro de los mitos más comunes sobre el verano entre los
latinos.

1. Piel morena no necesita protección solar

“Es un error común entre los latinos creer que si el tono de piel es
oscuro, no es necesario protector solar. Para evitar el cáncer en la piel,
todos los latinos, sin importar su color de piel, deben aplicar protector
solar cada 30 minutos, la primera aplicación 30 minutos antes de exponerse
al sol y cubriendo todas las áreas que se expondrán al sol, con mínimo dos
onzas de bloqueador cada vez”, dice el Doctor y Cardiologo Samer Kottiech,
añadiendo, “no importa donde esté; asegúrese de usar protector solar. Si se
encuentra al aire libre necesita protector solar”.

2. Tomando café, gaseosas y cervezas, no necesito agua

Con temperaturas de más de 90 grados, el cuerpo debe estar hidratado y
pocas bebidas, hidratan su cuerpo como el agua. “El agua no es la opción
más popular entre los latinos”, dice el Doctor Carlos Driggs, especialista
en medicina interna, y agrega, “para evitar deshidratación, lo mejor es
tomar entre 1 y 2 vasos de agua por hora cuando se está al aire libre, si
se consume alcohol o hace ejercicio, se recomiendan 2-3 vasos por hora,
especialmente con temperaturas cada vez más altas. Asegúrese de llevar su
botella durante los días calurosos”.

3. Si la comida está cocinada, no se daña

Las clínicas reciben cada verano pacientes intoxicados por alimentos no
refrigerados adecuadamente. Las actividades al aire libre son muy populares
entre los latinos, lo cual aumenta los riesgos para esta población durante
le verano. El doctor Rajeev Sindhwani, especialista en cuidado
cardiovascular, recomienda, “se puede evitar intoxicación siguiendo 5
reglas: 1. tener manos limpias para manejar alimentos; 2. usar una tabla
para picar carne y otra para vegetales; 3. no dejar los alimentos al aire
libre por tiempo prolongado; 4. asegurarse que las carnes estén bien
cocidas; y 5. limpiar la parrilla antes de cocinar alimentos frescos, para
evitar la contaminación de residuos de otros alimentos cocidos”.

4. Si usted elimina la grasa, se pierde el sabor

“Existe la idea de que quitar la piel del pollo o reducir la grasa de la
carne, hará que la comida pierda sabor. Todos los alimentos, pueden tener
un sabor exquisito incorporando especias, frutas y verduras”, dice el Dr.
Eliscer Guzman, MD FACC, y agrega, “eso ayudará a que los latinos disfruten
una vida libre de dos de las enfermedades que más afectan a esta comunidad,
la diabetes y las enfermedades cardiovasculares”.

Guzmán también recomienda aprovechar las frutas frescas que son abundantes
durante el verano y están disponibles a buen precio. “Su barbacoa debe
tener tantos colores como alimentos saludables existen, verdes, amarillos,
rojos. También hay que cuidar los tamaños de las porciones, para medir el
tamaño de la carne, por ejemplo, asegúrese que esta sea del tamaño de la
palma de su mano”, agrego el Dr. Guzmán.

“Recuerde mantener su parrilla limpia, si quiere darle sabor de asado a sus
platos, puede usar un poco de carbón con sus condimentos predilectos, para
darle el toque de asado y el sabor a su carne”, recomendó El Dr. Guzmán.

Acerca del Centro Médico Mount Sinai

El Centro Médico Mount Sinai incluye el Hospital Mount Sinai y el Colegio
de Medicina. Desde 1968, es uno de los pocos colegios médicos en EEUU parte
de un hospital, con más de 3,400 profesores, 32 departamentos y 15
instituciones, es uno de los 20 colegios médicos según el Instituto
Nacional de Salud y U.S. News & World Report. El Hospital Mount Sinai, se
fundó en 1852, cuenta con 1,171 camas. Es uno de los más antiguos, grandes
y respetados hospitales del país. En el 2009, fue clasificado dentro de los
20 hospitales principales de la nación. Más de 60,000 personas fueron
atendidas en el Mount Sinai en 2009 y recibió aproximadamente 530,000
visitas de pacientes.

Más información visite www.mountsinai.org o síganos en Twitter
@mountsinainyc.

Filed Under: Facilities And Providers

Mount Sinai Hospital Physicians Debunk Common Summertime Myths Among Latinos and Provide Tips for Healthy Living

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: The Mount Sinai Medical Center

NEW YORK, NY–(Marketwire – August 9, 2010) –  Summer is the time for playing outdoor sports, eating at picnics and BBQs with family and friends. However, some commonly made mistakes keep Latinos for being healthy. That is why a team of physicians at Mount Sinai Hospital took it upon themselves to debunk four of the most common summertime myths among Latinos.  

1. Since some Latinos have dark skin, they believe that they don’t need sunscreen
“A misunderstanding among Latinos is that, because many have dark skin tones, sunscreen is not necessary,” says Dr. Samer Kottiech, M.D. and Cardiologist. “However, to avoid skin cancer, everyone needs to frequently apply sunscreen regardless of their skin tone,” he adds. Dr. Kottiech recommends reapplying the sunscreen every 30 minutes after the first application. Also, be sure to cover your entire body and use at least one shot glass of sunscreen with each application.

2. If I drink beverages like coffee, soda and beer, I do not need water
With temperatures rising, it’s critical that your body is well hydrated. “Water is not the popular drink among most Latinos,” says Dr. Carlos Driggs, MD and specialist in Internal Medicine. “However, in order to avoid heat stroke, it is best to drink between 1-2 glasses of water before going outdoors, especially during summer.” Also, Dr. Driggs suggests to increase the consumption of water by 2 glasses an hour, if you are drinking alcohol or exercising, making sure you carry a bottle of water with you at all times to keep hydrated.

3. If food is cooked, it can’t spoil
During summer, emergency rooms see a lot of patients who contracted food poisoning due to food that was not properly refrigerated. Since outdoor eating functions are so popular among Latinos, they are often impacted. “One commonly made mistake is to leave food outside after a picnic or BBQ,” adds Dr. Rajeev Sindhwani, MD, Cardiovascular Disease Physician. “You can avoid food poisoning by following a few simple rules: 1. Handle food with clean hands; 2. Use separate cutting boards for meats and vegetables; 3. Don’t leave food outdoors; 4. Use a meat thermometer to ensure meat is cooked thoroughly,” and 5. Make sure to clean the grill or cover it with aluminum foil before cooking any fresh meat or vegetables to avoid contamination from previously cooked food residue.

4. If you trim the fat, you lose the flavor
Another misconception among Latinos, is if they remove the skin from their chicken or trim the fat from their beef, their food will be tasteless. “Meats will taste just as flavorful by incorporating a variety of spices, fruits and vegetables,” says Dr. Eliscer Guzmán, M.D. F.A.C.C. “By taking this approach, Latinos will live a healthier life and avoid cardiovascular diseases and diabetes, two diseases currently plaguing the Latino community.” Dr. Guzman recommends taking advantage of the abundant fresh fruits during the summer that are available at a reasonable price.

Dr. Guzmán adds, “Portions sizes can make a tremendous difference to your overall health also. A common rule of thumb for portions is to make sure the size of meat is roughly the size of the palm of your hand.”

About The Mount Sinai Medical Center
The Mount Sinai Medical Center encompasses both The Mount Sinai Hospital and Mount Sinai School of Medicine. Established in 1968, Mount Sinai School of Medicine is one of few medical schools embedded in a hospital in the United States. It has more than 3,400 faculty in 32 departments and 15 institutes. The school received the 2009 Spencer Foreman Award for Outstanding Community Service from the Association of American Medical Colleges.

The Mount Sinai Hospital, founded in 1852 is one of the nation’s oldest, largest and most-respected voluntary hospitals. In 2009,The Mount Sinai was ranked among the nation’s top 20 hospitals Nearly 60,000 people were treated at Mount Sinai as inpatients last year, and approximately 530,000 outpatient visits took place.

For more information, visit www.mountsinai.org. Follow us on Twitter @mountsinainyc.

Filed Under: Facilities And Providers

Assisted Living Concepts, Inc. Announces Continued Strategy Successes; Reports Fourth Consecutive Quarter of Revenue and Private Pay Occupancy Growth

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: Assisted Living Concepts, Inc.

MENOMONEE FALLS, WI–(Marketwire – August 9, 2010) – Assisted Living Concepts, Inc. (NYSE: ALC)

Highlights:

--  Increased average private pay occupancy by 122 and 8 units over the
    second quarter of 2009 and the first quarter of 2010, respectively
--  Increased overall and private pay rates by 5.8% and 3.8%, respectively
    over the second quarter of 2009
--  Increased Adjusted EBITDAR as a percent of revenues to 33.6%, up from
    32.3% in both the second quarter of 2009 and the first quarter of 2010
--  Adjusted EBITDAR as a percent of revenues would have been a record
    34.4% (excluding One-Time Charges)
--  Extended and expanded share repurchase program authorizing up to
    $15 million through August 9, 2011

Assisted Living Concepts, Inc. (“ALC”) (NYSE: ALC) reported net income of
$2.9 million in the second quarter of 2010. During the second quarter of
2010, ALC recorded the following “One-Time Charges”: an impairment charge
relating to a non-cash write-down of certain equity investments ($1.3
million net of income tax benefits); expenses associated with the
realignment of our divisions ($0.3 million net of income tax benefits);
and write-off of expenses incurred with an expansion project that the
company decided not to complete ($0.1 million net of income tax benefits).
Excluding the One-Time Charges, net income in the second quarter of 2010
would have been $4.6 million as compared to net income of $3.9 million in
the second quarter of 2009.

“Second quarter operating results were solid. For the fourth quarter in a
row we achieved positive private pay occupancy and revenue growth,”
commented Laurie Bebo, President and Chief Executive Officer. “Despite
continuing challenges in the economy and in particular with high
unemployment rates, we continue to be confident in our ability to increase
private pay occupancy and Adjusted EBITDAR margins throughout 2010.”

For the first six months of 2010, ALC reported net income of $6.5 million.
Excluding the One-Time Charges, net income for the first six months of 2010
would have been $8.2 million compared to a net loss from continuing
operations and a net loss of $7.7 million and $7.9 million in the first
six months of 2009, respectively. Excluding an impairment charge related
to the non-cash, non-recurring write-off of all goodwill ($14.7 million net
of income tax benefits) recorded in the first quarter of 2009, net income
from continuing operations and net income for the first six months of 2009
would have been $7.0 million and $6.8 million, respectively.

Diluted earnings per common share for the second quarter and the first six
months ended June 30, 2010 and 2009 were:

                                        Quarter ended    Six months ended
                                           June 30,          June 30,
                                        2010     2009     2010     2009
                                       ------   ------   ------   ------
Diluted earnings (loss) per common
 share from continuing operations      $ 0.25   $ 0.33   $ 0.55   $(0.65)
Diluted earnings (loss) per common
 share                                 $ 0.25   $ 0.33   $ 0.55   $(0.66)
Pro forma diluted earnings per common
 share from continuing operations
 excluding One-Time Charges            $ 0.39   $ 0.33   $ 0.70   $ 0.59(1)

(1) Excludes the goodwill write-off, net of income tax benefits.

One-Time Charges in the quarter ended June 30, 2010 resulted from:

1.  The reclassification of a decline in the fair market value of equity
    securities from a component of the Company's stockholders' equity to
    the Company's income statement. These equity securities represent
    legacy investments transferred from Extendicare Inc. in connection with
    the capitalization of ALC in November 2006.
2.  The realignment of ALC's divisional level management structure. In
    connection with this realignment, ALC incurred certain expenses
    primarily related to personnel.
3.  The decision not to complete an expansion project due to higher than
    anticipated site costs. We continue to evaluate existing owned
    properties for expansion growth.

Certain non-GAAP financial measures are used in the discussions in this
release in assessing the performance of the business. See attached tables
for definitions of Adjusted EBITDA and Adjusted EBITDAR, reconciliations of
net income (loss) to Adjusted EBITDA and Adjusted EBITDAR, calculations of
Adjusted EBITDA and Adjusted EBITDAR as a percentage of total revenues, and
non-GAAP financial measure reconciliation information.

As of June 30, 2010, ALC operated 211 senior living residences comprising
9,280 units.

The following discussions include the impact of the One-Time Charges and
exclude the impact of discontinued operations unless otherwise specified.

Quarters ended June 30, 2010, June 30, 2009, March 31, 2010

Revenues of $58.3 million in the second quarter ended June 30, 2010
increased $1.6 million or 2.9% from $56.7 million in the second quarter of
2009 and increased $0.4 million or 0.8% from the first quarter of 2010.

Adjusted EBITDA for the second quarter of 2010 was $14.5 million or 24.9%
of revenues and

--  increased $1.2 million or 9.1% from $13.3 million and 23.4% of revenues
    in the second quarter of 2009; and
--  increased $0.9 million or 6.7% from $13.6 million and 23.5% of revenues
    in the first quarter of 2010.

Adjusted EBITDAR for the second quarter of 2010 was $19.6 million or 33.6%
of revenues and

--  increased $1.3 million or 7.3% from $18.3 million and 32.3% of revenues
    in the second quarter of 2009; and
--  increased $0.9 million or 5.0% from $18.7 million and 32.3% of revenues
    in the first quarter of 2010.

Second quarter 2010 compared to second quarter 2009

Revenues in the second quarter of 2010 increased from the second quarter of
2009 primarily due to higher average daily revenue as a result of rate
increases ($2.2 million) and an increase in private pay occupancy ($1.2
million), partially offset by the planned reduction in the number of units
occupied by Medicaid residents ($1.8 million). Average private pay rates
increased in the second quarter of 2010 by 3.8% over average private pay
rates for the second quarter of 2009. Average overall rates, including the
impact of improved payer mix, increased in the second quarter of 2010 by
5.8% over comparable rates for the second quarter of 2009.

Both Adjusted EBITDA and Adjusted EBITDAR increased in the second quarter
of 2010 primarily due to an increase in revenues discussed above ($1.6
million) and a decrease in residence operations expenses ($0.5 million)
(this excludes the loss on disposal of fixed assets), partially offset by
an increase in general and administrative expenses ($0.8 million) (this
excludes non-cash equity based compensation) and, for Adjusted EBITDA only,
an increase in residence lease expense ($0.1 million). Residence
operations expenses decreased primarily from lower labor expenses.
Staffing needs in the second quarter of 2010 as compared to the second
quarter of 2009 decreased primarily because of a decline in the number of
units occupied by Medicaid residents who tend to have higher care needs
than private pay residents. In addition, general economic conditions
enabled us to hire new employees at lower wage rates. General and
administrative expenses increased as a result of expenses associated with
an all-company conference held in the second quarter of 2010 and expenses
associated with the realignment of our divisions.

Second quarter 2010 compared to the first quarter 2010

Revenues in the second quarter of 2010 increased from the first quarter of
2010 primarily due to one additional day in the second quarter ($0.6
million), an increase in the number of units occupied by private pay
residents ($0.1 million), and higher average daily revenue as a result of
rate increases ($0.1 million), partially offset by the planned reduction in
the number of units occupied by Medicaid residents ($0.4 million).

Increased Adjusted EBITDA and Adjusted EBITDAR in the second quarter of
2010 as compared to the first quarter of 2010 resulted primarily from a
decrease in residence operations expenses ($0.9 million) (this excludes the
loss on disposal of fixed assets) and an increase in revenues discussed
above ($0.4 million), partially offset by an increase in general and
administrative expenses ($0.4 million) (this excludes non-cash equity-based
compensation). Residence operations expenses decreased primarily from
decreases in utility expenses resulting from normal seasonal fluctuations.
General and administrative expenses increased as a result of expenses
associated with an all-company conference held in the second quarter of
2010 and expenses associated with the realignment of our divisions.

Six months ended June 30, 2010 and June 30, 2009

Revenues of $116.2 million in the six months ended June 30, 2010 increased
$2.4 million or 2.1% from $113.8 million in the six months ended June 30,
2009.

Adjusted EBITDA for the six months ended June 30, 2010 was $28.1 million,
or 24.2% of revenues and

--  increased $3.3 million or 13.1% from $24.8 million and 21.8% of
    revenues in the six months ended June 30, 2009.

Adjusted EBITDAR for the six months ended June 30, 2010 was $38.3 million,
or 33.0% of revenues and

--  increased $3.5 million or 10.2% from $34.7 million and 30.6% of
    revenues in the six months ended June 30, 2009.

Six months ended June 30, 2010 compared to six months ended June 30, 2009

Revenues in the six months ended June 30, 2010 increased from the six
months ended June 30, 2009 primarily due to higher average daily revenue
from rate increases ($4.2 million) and an increase in private pay occupancy
($2.1 million), partially offset by the planned reduction in the number of
units occupied by Medicaid residents ($3.9 million). Average private pay
rates increased in the six months ended June 30, 2010 by 3.8% over average
private pay rates for the six months ended June 30, 2009. Average overall
rates, including the impact of improved payer mix, increased in the six
months ended June 30, 2010 by 5.6% over the comparable rates for the six
months ended June 30, 2009.

Both Adjusted EBITDA and Adjusted EBITDAR increased in the six months ended
June 30, 2010 primarily from a decrease in residence operations expenses
($2.2 million) (this excludes the loss on disposal of fixed assets), and
the increase in revenues discussed above ($2.4 million), partially offset
by an increase in general and administrative expenses ($1.1 million) (this
excludes non-cash equity based compensation) and, for Adjusted EBITDA only,
an increase in residence lease expense ($0.3 million). Residence
operations expenses decreased primarily from lower labor and kitchen
expenses. Staffing needs in the six months ended June 30, 2010 as compared
to the six months ended June 30, 2009 decreased primarily because of a
decline in the number of units occupied by Medicaid residents who tend to
have higher care needs than private pay residents. In addition, general
economic conditions enabled us to hire new employees at lower wage rates.
Kitchen expenses were lower due to new group purchasing plans and lower
overall occupancy. General and administrative expenses increased primarily
from upfront costs associated with transitioning payroll and benefits from
a third party vendor to in-house, expenses associated with an all-company
conference held in the second quarter of 2010, and expenses associated with
the realignment of our divisions.

Liquidity

At June 30, 2010 ALC maintained a strong liquidity position with cash of
approximately $12.2 million and undrawn lines of $70 million.

Share Repurchase Program

On August 9, 2010, ALC’s Board of Directors extended and expanded its share
repurchase program by authorizing the purchase of up to $15 million in
Class A common stock through August 9, 2011. In 2010, through August 9,
2010, ALC repurchased 61,461 shares of Class A Common Stock at a cost of
$1.9 million and an average price of $30.45 per share (excluding fees).

Investor Call

ALC has scheduled a conference call for tomorrow, August 10, 2010 at 10:00
a.m. (ET) to discuss its financial results for the second quarter. This
earnings release will be posted on ALC’s website at www.alcco.com. The
toll-free number for the live call is (800) 230-1096 or international (612)
332-0107; the conference name is “ALC Second Quarter Results.” A taped
rebroadcast of the conference call will be available approximately three
hours following the live call until midnight on September 10, 2010, by
dialing toll free (800) 475-6701, or international (320) 365-3844; the
access code is 165684.

About Us

Assisted Living Concepts, Inc. and its subsidiaries operate 211 senior
living residences comprising 9,280 residents in 20 states. ALC’s senior
living facilities typically consist of 40 to 60 units and offer residents a
supportive, home-like setting and assistance with the activities of daily
living. ALC employs approximately 4,100 people.

Forward-looking Statements

Statements contained in this release other than statements of historical
fact, including statements regarding anticipated financial performance,
business strategy and management’s plans and objectives for future
operations, including management’s expectations about improving occupancy
and private pay mix, are forward-looking statements. Forward-looking
statements generally include words such as “expect,” “point toward,”
“intend,” “will,” “indicate,” “anticipate,” “believe,” “estimate,” “plan,”
“strategy” or “objective.” Forward-looking statements are subject to risks
and uncertainties that could cause actual results to differ materially from
those expressed or implied. In addition to the risks and uncertainties
referred to in the release, other risks and uncertainties are contained in
ALC’s filings with United States Securities and Exchange Commission and
include, but are not limited to, the following: changes in the health care
industry in general and the senior housing industry in particular because
of governmental and economic influences; changes in general economic
conditions, including changes in housing markets, unemployment rates and
the availability of credit at reasonable rates; changes in regulations
governing the industry and ALC’s compliance with such regulations; changes
in government funding levels for health care services; resident care
litigation, including exposure for punitive damage claims and increased
insurance costs, and other claims asserted against ALC; ALC’s ability to
maintain and increase census levels; ALC’s ability to attract and retain
qualified personnel; the availability and terms of capital to fund
acquisitions and ALC’s capital expenditures; changes in competition; and
demographic changes. Given these risks and uncertainties, readers are
cautioned not to place undue reliance on ALC’s forward-looking statements.
All forward-looking statements contained in this report are necessarily
estimates reflecting the best judgment of the party making such statements
based upon current information. ALC assumes no obligation to update any
forward-looking statement.

                   ASSISTED LIVING CONCEPTS, INC.
              Consolidated Statements of Operations
             (In thousands, except earnings per share)

                                Three Months Ended    Six Months Ended
                                     June 30,             June 30,
                               --------------------- ---------------------
                                 2010      2009(1)     2010      2009(1)
                               ---------- ---------- ---------- ----------
Revenues                       $   58,305 $   56,683 $  116,164 $  113,750
Expenses:
  Residence operations
   (exclusive of depreciation
   and amortization and
   residence lease expense
   shown below)                    34,805     35,181     70,517     72,434
  General and administrative        4,256      3,341      8,030      6,775
  Residence lease expense           5,111      4,993     10,194      9,923
  Depreciation and amortization     5,698      5,218     11,368     10,149
    Goodwill impairment                --         --         --     16,315
                               ---------- ---------- ---------- ----------
  Total operating expenses         49,870     48,733    100,109    115,596
                               ---------- ---------- ---------- ----------
Income (loss) from operations       8,435      7,950     16,055     (1,846)
Other expense:
    Other-than-temporary
     investments impairment        (2,026)        --     (2,026)        --
    Interest income                     4          7          8         19
  Interest expense                 (1,899)    (1,834)    (3,787)    (3,537)
                               ---------- ---------- ---------- ----------
Income (loss) from continuing
 operations before income
 taxes                              4,514      6,123     10,250     (5,364)
Income tax expense                 (1,618)    (2,182)    (3,741)    (2,326)
                               ---------- ---------- ---------- ----------
Net income (loss) from
 continuing operations              2,896      3,941      6,509     (7,690)
Loss from discontinued
 operations, net of tax                --        (34)        --       (178)
                               ---------- ---------- ---------- ----------
Net income (loss)              $    2,896 $    3,907 $    6,509 $   (7,868)
                               ========== ========== ========== ==========
Weighted average common shares:
  Basic                            11,567     11,808     11,572     11,882
  Diluted                          11,738     11,927     11,741     11,882
Per share data:
  Basic earnings per common
   share
  Earnings (loss) from
   continuing operations       $     0.25 $     0.33 $     0.56 $    (0.65)
  Loss from discontinued
   operations                          --         --         --      (0.01)
                               ---------- ---------- ---------- ----------
  Net income (loss)            $     0.25 $     0.33 $     0.56 $    (0.66)
                               ========== ========== ========== ==========

    Diluted earnings per
     common share
  Earnings (loss) from
   continuing operations       $     0.25 $     0.33 $     0.55 $    (0.65)
  Loss from discontinued
   operations                          --         --         --      (0.01)
                               ---------- ---------- ---------- ----------
  Net income (loss)            $     0.25 $     0.33 $     0.55 $    (0.66)

Adjusted EBITDA (2)            $   14,503 $   13,291 $   28,100 $   24,840
                               ========== ========== ========== ==========
Adjusted EBITDAR (2)           $   19,614 $   18,284 $   38,294 $   34,763
                               ========== ========== ========== ==========

(1) Reflects the reclassification of the operations of 118 units previously
reported as continuing operations to discontinued operations.
(2) See attached tables for definitions of Adjusted EBITDA and Adjusted
EBITDAR and reconciliations of net income to Adjusted EBITDA and Adjusted
EBITDAR.




                   ASSISTED LIVING CONCEPTS, INC.
                    Consolidated Balance Sheets
           (In thousands, except share and per share data)

                                                  June 30,    December 31,
                                                    2010          2009
                                                ------------  ------------
                 ASSETS                          (unaudited)
Current Assets:
  Cash and cash equivalents                     $     12,239  $      4,360
  Investments                                          3,568         3,427
  Accounts receivable, less allowances of
   $1,096 and $738, respectively                       3,627         2,668
  Prepaid expenses, supplies and other
   receivables                                         4,095         3,537
  Deposits in escrow                                   1,763         1,993
  Income taxes receivable                                 --           723
  Deferred income taxes                                4,590         4,636
  Current assets of discontinued operations              168            36
                                                ------------  ------------
     Total current assets                             30,050        21,380
Property and equipment, net                          411,894       415,454
Intangible assets, net                                11,003        11,812
Restricted cash                                        3,017         4,389
Other assets                                           1,977         1,935
Non-current assets of discontinued operations             --           399
                                                ------------  ------------
    Total Assets                                $    457,941  $    455,369
                                                ============  ============

    LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
  Accounts payable                              $      5,749  $      8,005
  Accrued liabilities                                 16,177        19,228
  Deferred revenue                                     6,008         6,368
  Current maturities of long-term debt                 1,884         1,823
  Income tax payable                                   1,212            --
  Current portion of self-insured liabilities            500           500
  Current liabilities of discontinued
   operations                                             --            34
                                                ------------  ------------
     Total current liabilities                        31,530        35,958
Accrual for self-insured liabilities                   1,416         1,416
Long-term debt                                       118,954       119,914
Deferred income taxes                                 14,281        13,257
Other long-term liabilities                           11,801        11,853
Commitments and contingencies
                                                ------------  ------------
     Total Liabilities                               177,982       182,398
                                                ------------  ------------
Preferred Stock, par value $0.01 per share,
 25,000,000 shares authorized; no shares issued
 and outstanding                                          --            --
Class A Common Stock, $0.01 par value,
 80,000,000 shares authorized at June 30, 2010
 and December 31, 2009; 12,403,499 and
 12,397,525 shares issued and 10,108,938 and
 10,048,674 shares outstanding, respectively             124           124
Class B Common Stock, $0.01 par value,
 15,000,000 shares authorized at June 30, 2010
 and December 31, 2009; 1,523,085 and 1,528,650
 shares issued and outstanding, respectively              15            15
Additional paid-in capital                           314,964       314,602
Accumulated other comprehensive loss                    (775)       (2,012)
Retained earnings                                     39,995        33,486
Treasury stock at cost, 2,384,561 and 2,348,851
 shares, respectively                                (74,364)      (73,244)
                                                ------------  ------------
 Total Stockholders' Equity                          279,959       272,971
                                                ------------  ------------
Total Liabilities and Stockholders' Equity      $    457,941  $    455,369
                                                ============  ============



                  ASSISTED LIVING CONCEPTS, INC.
              Consolidated Statements of Cash Flows
                         (In thousands)
                          (unaudited)

                                                       Six Months Ended
                                                           June 30,
                                                     ---------------------
                                                        2010       2009
                                                     ---------- ----------
OPERATING ACTIVITIES:
Net income (loss)                                    $    6,509 $   (7,868)
Adjustments to reconcile net income (loss) to net
 cash provided by operating activities:
    Depreciation and amortization                        11,368     10,344
    Other-than-temporary investments impairment           2,026         --
    Goodwill impairment                                      --     16,315
    Amortization of purchase accounting adjustments
     for leases                                            (197)      (198)
    Provision for bad debts                                 358        (27)
    Provision for self-insured liabilities                  262        392
    Loss on disposal of fixed assets                        315         34
    Unrealized gain on investments                          (17)        --
    Equity-based compensation expense                       362        188
    Change in fair value of derivatives                      23         --
    Deferred income taxes                                   306       (154)
Changes in assets and liabilities:
    Accounts receivable                                  (1,317)       360
    Supplies, prepaid expenses and other receivables       (558)    (1,027)
    Deposits in escrow                                      230        388
    Current assets - discontinued operations               (132)        --
    Accounts payable                                     (1,432)    (1,735)
    Accrued liabilities                                  (3,051)      (231)
    Deferred revenue                                       (360)       424
    Current liabilities - discontinued operations           (34)        --
    Payments of self-insured liabilities                   (261)      (320)
    Income taxes payable / receivable                     1,935      4,296
    Changes in other non-current assets                   1,330        809
    Other non-current assets - discontinued
     operations                                             399         --
    Other long-term liabilities                             100        553
                                                     ---------- ----------
      Cash provided by operating activities              18,164     22,543
INVESTING ACTIVITIES:
    Payment for executive retirement plan securities       (110)       (95)
    Payments for new construction projects               (3,208)   (11,768)
    Payments for purchases of property and equipment     (4,930)    (6,930)
                                                     ---------- ----------
      Cash used in investing activities                  (8,248)   (18,793)
FINANCING ACTIVITIES:
    Purchase of treasury stock                           (1,120)    (4,860)
    Repayment of revolving credit facility                   --    (19,000)
  Proceeds from issuance of new mortgage debt                --     14,000
  Repayment of mortgage debt                               (917)    (8,114)
                                                     ---------- ----------
      Cash used by financing activities                  (2,037)   (17,974)
                                                     ---------- ----------
Increase (decrease) in cash and cash equivalents          7,879    (14,224)
Cash and cash equivalents, beginning of year              4,360     19,905
                                                     ---------- ----------
Cash and cash equivalents, end of period             $   12,239 $    5,681
                                                     ========== ==========
Supplemental schedule of cash flow information:
Cash paid during the period for:
  Interest                                           $    3,575 $    3,663
  Income tax payments, net of refunds                     1,494     (1,892)



                ASSISTED LIVING CONCEPTS, INC.
              Financial and Operating Statistics

Continuing residences*                           Three months ended
                                           -------------------------------
                                           June 30,   March 31,   June 30,
                                             2010       2010        2009
                                           ---------  ---------  ---------
Average Occupied Units by Payer Source
Private                                        5,476      5,468      5,354
Medicaid                                         162        214        445
                                           ---------  ---------  ---------
Total                                          5,638      5,682      5,799
                                           =========  =========  =========

Occupancy Mix by Payer Source
Private                                         97.1%      96.2%      92.3%
Medicaid                                         2.9%       3.8%       7.7%

Percent of Revenue by Payer Source
Private                                         98.1%      97.5%      95.0%
Medicaid                                         1.9%       2.5%       5.0%

Average Revenue per Occupied Unit Day      $  113.64  $  113.13  $  107.42

Occupancy Percentage*                           62.7%      63.0%      64.2%

* Depending on the timing of new additions and temporary closures of our
residences, we may increase or reduce the number of units we actively
operate. For the three months ended June 30, 2010, March 31, 2010 and June
30, 2009 we actively operated 8,991, 9,025 and 9,154 units, respectively.



Same residence basis**                           Three months ended
                                           -------------------------------
                                           June 30,   March 31,   June 30,
                                             2010       2010        2009
                                           ---------  ---------  ---------
Average Occupied Units by Payer Source
Private                                        5,417      5,423      5,304
Medicaid                                         162        210        387
                                           ---------  ---------  ---------
Total                                          5,579      5,633      5,691
                                           =========  =========  =========

Occupancy Mix by Payer Source
Private                                         97.1%      96.3%      93.2%
Medicaid                                         2.9%       3.7%       6.8%

Percent of Revenue by Payer Source
Private                                         98.1%      97.5%      95.6%
Medicaid                                         1.9%       2.5%       4.4%

Average Revenue per Occupied Unit Day      $  113.49  $  112.92  $  107.28

Occupancy Percentage                            63.4%      64.0%      64.6%

** Excludes quarterly impact of 111 completed expansion units and 76
re-opened renovated units.



                   ASSISTED LIVING CONCEPTS, INC.
                 Financial and Operating Statistics

Continuing residences*                                  Six months ended
                                                      --------------------
                                                       June 30,   June 30,
                                                        2010        2009

Average Occupied Units by Payer Source
Private                                                   5,472      5,369
Medicaid                                                    188        483
                                                      ---------  ---------
Total                                                     5,660      5,852
                                                      =========  =========

Occupancy Mix by Payer Source
Private                                                    96.7%      91.7%
Medicaid                                                    3.3%       8.3%

Percent of Revenue by Payer Source
Private                                                    97.8%      94.4%
Medicaid                                                    2.2%       5.6%

Average Revenue per Occupied Unit Day                 $  113.39  $  107.38

Occupancy Percentage*                                      62.9%      64.9%

* Depending on the timing of new additions and temporary closures of our
residences, we may increase or reduce the number of units we actively
operate. For the six months ended June 30, 2010 and June 30, 2009 we
actively operated 9,004 and 9,014 units, respectively.



Same residence basis**                                  Six months ended
                                                      -------------------
                                                       June 30,   June 30,
                                                        2010        2009

Average Occupied Units by Payer Source
Private                                                   5,392      5,327
Medicaid                                                    186        419
                                                      ---------  ---------
Total                                                     5,578      5,746
                                                      =========  =========

Occupancy Mix by Payer Source
Private                                                    96.7%      92.7%
Medicaid                                                    3.3%       7.3%

Percent of Revenue by Payer Source
Private                                                    97.8%      95.0%
Medicaid                                                    2.2%       5.0%

Average Revenue per Occupied Unit Day                 $  113.08  $  107.73

Occupancy Percentage                                       64.3%      66.3%

** Excludes quarterly impact of 245 completed expansion units, 39 units
temporarily closed for renovation and 76 re-opened renovated units.

Non-GAAP Financial Measures

Adjusted EBITDA and Adjusted EBITDAR

Adjusted EBITDA is defined as net income from continuing operations before
income taxes, interest expense net of interest income, depreciation and
amortization, equity based compensation expense, transaction costs and
non-cash, non-recurring gains and losses, including disposal of assets and
impairment of long-lived assets (including goodwill) and loss on
refinancing and retirement of debt. Adjusted EBITDAR is defined as
Adjusted EBITDA before rent expenses incurred for leased assisted living
properties. Adjusted EBITDA and Adjusted EBITDAR are not measures of
performance under accounting principles generally accepted in the United
States of America, or GAAP. We use Adjusted EBITDA and Adjusted EBITDAR as
key performance indicators and Adjusted EBITDA and Adjusted EBITDAR
expressed as a percentage of total revenues as a measurement of margin.

We understand that EBITDA and EBITDAR, or derivatives thereof, are
customarily used by lenders, financial and credit analysts, and many
investors as a performance measure in evaluating a company’s ability to
service debt and meet other payment obligations or as a common valuation
measurement in the long-term care industry. Moreover, ALC’s revolving
credit facility contains covenants in which a form of EBITDA is used as a
measure of compliance, and we anticipate EBITDA will be used in covenants
in any new financing arrangements that we may establish. We believe
Adjusted EBITDA and Adjusted EBITDAR provide meaningful supplemental
information regarding our core results because these measures exclude the
effects of non-operating factors related to our capital assets, such as the
historical cost of the assets.

We report specific line items separately, and exclude them from Adjusted
EBITDA and Adjusted EBITDAR because such items are transitional in nature
and would otherwise distort historical trends. In addition, we use
Adjusted EBITDA and Adjusted EBITDAR to assess our operating performance
and in making financing decisions. In particular, we use Adjusted EBITDA
and Adjusted EBITDAR in analyzing potential acquisitions and internal
expansion possibilities. Adjusted EBITDAR performance is also used in
determining compensation levels for our senior executives. Adjusted EBITDA
and Adjusted EBITDAR should not be considered in isolation or as a
substitute for net income, cash flows from operating activities, and other
income or cash flow statement data prepared in accordance with GAAP, or as
a measure of profitability or liquidity. We present Adjusted EBITDA and
Adjusted EBITDAR on a consistent basis from period to period, thereby,
allowing for comparability of operating performance.


Adjusted EBITDA and Adjusted EBITDAR Reconciliation Information

The following table sets forth a reconciliation of net income (loss) to
Adjusted EBITDA and Adjusted EBITDAR:

                              Three months ended         Six months ended
                          ----------------------------  ------------------
                          June 30,  June 30,  March 31, June 30,  June 30,
                            2010      2009      2010      2010      2009
                          --------  --------  --------  --------  --------
                                           (in thousands)
Net income (loss)         $  2,896  $  3,907  $  3,613  $  6,509    (7,868)
Less: Income (loss) from
 discontinued operations,
 net of tax                      -       (34)        -         -      (178)
Add: provision for income
 taxes                       1,618     2,182     2,123     3,741     2,326
                          --------  --------  --------  --------  --------

Income (loss) from
 continuing operations
 before income taxes      $  4,514  $  6,123  $  5,736    10,250    (5,364)
Add:
  Depreciation and
   amortization              5,698     5,218     5,670    11,368    10,149
  Interest expense, net      1,895     1,827     1,884     3,779     3,518
  Non-cash equity based
   compensation                225       123       137       362       188
  Loss on disposal of
   fixed assets                145         -       170       315        34
  Write-down of equity
   investments               2,026         -         -     2,026
  Goodwill impairment            -         -         -         -    16,315
                          --------  --------  --------  --------  --------

Adjusted EBITDA             14,503    13,291    13,597    28,100    24,840
Add: Lease expense           5,111     4,993     5,083    10,194     9,923
                          --------  --------  --------  --------  --------
Adjusted EBITDAR          $ 19,614  $ 18,284  $ 18,680  $ 38,294  $ 34,763
                          ========  ========  ========  ========  ========

Adjusted EBITDA             14,503    13,291    13,597    28,100    24,840
Add: Division realignment
 expense                       453         -         -       453         -
                          --------  --------  --------  --------  --------
Adjusted EBITDA before
 division realignment
 expense                    14,956    13,291    13,597    28,553    24,840
Add: Lease expense           5,111     4,993     5,083    10,194     9,923
                          --------  --------  --------  --------  --------
Adjusted EBITDAR before
 division realignment
 expense                  $ 20,067  $ 18,284  $ 18,680  $ 38,747  $ 34,763
                          ========  ========  ========  ========  ========

The following table sets forth the calculations of Adjusted EBITDA,
Adjusted EBITDAR, Adjusted EBITDA before division realignment and Adjusted
EBITDAR before division realignment as percentages of total revenue:

                           Three months ended           Six months ended
                     -------------------------------  --------------------
                     June 30,   June 30,   March 31,  June 30,   June 30,
                      2010(1)     2009       2010      2010(1)     2009
                     ---------  ---------  ---------  ---------  ---------
                                         (in thousands)
Revenues             $  58,305  $  56,683  $  57,859  $ 116,164  $ 113,750
                     =========  =========  =========  =========  =========

Adjusted EBITDA      $  14,503  $  13,291  $  13,597  $  28,100  $  24,840
                     =========  =========  =========  =========  =========

Adjusted EBITDAR     $  19,614  $  18,284  $  18,680  $  38,294  $  34,763
                     =========  =========  =========  =========  =========

Adjusted EBITDA as
 percent of total
 revenues                 24.9%      23.4%      23.5%      24.2%      21.8%
                     =========  =========  =========  =========  =========

Adjusted EBITDAR as
 percent of total
 revenues                 33.6%      32.3%      32.3%      33.0%      30.6%
                     =========  =========  =========  =========  =========


     (1) Includes division realignment expenses of $453 in both the
     quarter and six months ended June 30, 2010. Excluding division
     realignment expenses,  Adjusted EBITDA, Adjusted EBITDAR, Adjusted
     EBITDA as a percent of sales and Adjusted EBITDAR as a percent of
     sales for the quarter ended June 30, 2010 would have been $14,956,
     $20,067, 25.7% and 34.4%, respectively.   Adjusted EBITDA, Adjusted
     EBITDAR, Adjusted EBITDA as a percent of sales and Adjusted EBITDAR as
     a percent of sales for the six months ended June 30, 2010 would have
     been $28,553, $38,747, 24.6% and 33.4%, respectively.




                     ASSISTED LIVING CONCEPTS, INC.
                  Reconciliation of Non-GAAP Measures
                              (unaudited)


                                             Three       Six        Six
                                             Months     Months     Months
                                             Ended      Ended      Ended
                                            June 30,   June 30,   June 30,
                                             2010       2010       2009
                                             (dollars in thousands except
                                                   per share data)
Net income (loss)                          $   2,896  $   6,509  $  (7,868)
Add: Loss from discontinued operations,
 net of tax                                        -          -        178
                                           ---------  ---------  ---------
Income (loss) from continuing operations       2,896      6,509     (7,690)
                                           ---------  ---------  ---------
Add one time charge:
  Write down of equity investments             2,026      2,026          -
  Goodwill impairment                              -          -     16,315
  Loss on disposal of fixed assets related
   to expansion project                          125        125          -
Division realignment expense                     453        453          -
Less: Income tax benefits from one-time
 charges                                         933        933      1,622
                                           ---------  ---------  ---------
  Pro forma net income from continuing
   operations excluding one-time charges   $   4,567  $   8,180  $   7,003
                                           =========  =========  =========

Weighted average common shares:
Basic                                         11,567     11,572     11,882
Diluted                                       11,738     11,741     11,882

Per share data:
  Basic earnings per common share
  Income (loss) from continuing operations $    0.25  $    0.56  $   (0.65)
  Less: loss from discontinued operations          -          -      (0.01)
  Less: loss from one-time charges             (0.14)     (0.14)     (1.24)
                                           ---------  ---------  ---------
  Pro forma net income from continuing
   operations excluding one-time charges   $    0.39  $    0.70  $    0.60
                                           =========  =========  =========

  Diluted earnings per common share*
  Income (loss) from continuing operations $    0.25  $    0.55  $   (0.65)
  Less: loss from discontinued operations          -          -      (0.01)
  Less: loss from one-time charges             (0.14)     (0.14)     (1.24)
                                           ---------  ---------  ---------
  Pro forma net income from continuing
   operations excluding one-time charges   $    0.39  $    0.70  $    0.60
                                           =========  =========  =========

* Per share numbers may not add due to rounding

Filed Under: Facilities And Providers

Myomo Launches myomo@home Program

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: Myomo

CAMBRIDGE, MA–(Marketwire – August 9, 2010) –  Myomo, Inc., the developer of neuro-robotic stroke rehabilitation technology, has launched myomo@home, a program that enables stroke survivors to purchase the Myomo System directly for use at home. The system is a neuro-robotic rehabilitation device that helps impaired stroke survivors increase movement in their arms, and has been clinically proven effective from two days to 21 years post stroke. Used in the clinical setting since 2008, the Myomo System is now available directly to consumers with a physician’s prescription. Myomo has successfully completed FDA requirements to demonstrate that the device is safe for use in the home.

“Our goal is to make the Myomo System available to as many people as can benefit from it,” explains Steve Kelly, Myomo’s CEO. “Stroke is the leading cause of disability in the US. There is a great need to restore independence to those who have suffered a stroke. Our new program expands access to world-class rehabilitation therapy and technology to any individual at home regardless of geography.”

“We were able to get therapy with the Myomo System, but the nearest clinic was a four hour round trip drive,” said Dean Kenefick, who suffered a stroke in 2004. “When Myomo started a pilot program for home use, we purchased one. I use the Myomo device three times a week and consistently get more return of muscle and movement.”

A Model for Delivering High-Frequency Stroke Rehabilitation

myomo@home is a comprehensive program that leverages evidence-based techniques to restore arm movement. It combines the Myomo System with therapy from a trained and certified Myomo physical or occupational therapist. Direction from a therapist and adherence to a prescribed protocol is critical to the success of stroke patients using the Myomo System at home. 

“Myomo was developed based on a well-known principle that if you work at it, you will get better at it,” said Steve Williams, MD, Chief, Chairman, Department of Rehabilitation Medicine at Boston Medical Center. “Just like learning and getting better at a sport or a craft, re-learning to move your arm requires repetitive practice to keep getting better at it.”

To acquire the product, Myomo has a defined process that includes an in-person or a Web-based video screening and the participation of a clinical partner or a local therapist. If the patient doesn’t have access to a local therapy resource, Myomo works with them to connect with a local therapist through its independent therapist network. 

Myomo provides therapist training and certification through a multi-level certification program that is completed either in-person or live via the Web. Each therapy protocol is customized for the individual patient and follow-up is conducted to adjust treatment for the most potential improvement. Unlimited phone customer service is included with the program.

About Myomo

Myomo develops neuro-robotic technology that helps impaired stroke survivors regain movement in their arms. The company combines technology developed at Massachusetts Institute of Technology (MIT), with rehabilitation professionals trained at the best hospitals in the country, to help stroke patients regain independence. For more information, visit www.myomo.com. Join us on Facebook at http://www.facebook.com/pages/Cambridge-MA/Myomo/196353791770.

CONTACT:
Matt Burke
Email Contact
US +1 603.315.0618

Filed Under: Facilities And Providers

Correction: Vigil Health Solutions Reports Q1 Results, Sales Bookings Up 26%

Posted on August 9, 2010 Written by Annalyn Frame

VICTORIA, BRITISH COLUMBIA–(Marketwire – Aug. 9, 2010) –Marketwire would like to issue a correction for the press release issued at 12:30 PM ET. The URL for Vigil’s Financial Statements contained incorrect HTML coding. The proper link is http://www.vigil.com/?Investors:Financial_Statements. The corrected release follows:

 Vigil Health Solutions Inc. (TSX VENTURE:VGL) (“Vigil”) announces the results of operations for the quarter ending June 30, 2010.

Business highlights

  • Grew bookings 26% for the quarter to $955 thousand compared to $755 thousand for the three-month period ended June 30, 2009.
  • Increased backlog 14% to approximately $3.1 million compared to approximately $2.72 million at June 30, 2009.
  • Revenue was $641 thousand for the three-months ended June 30, 2010 compared to $1.37 million in the three-month period ended June 30, 2009, a decrease of 53%. The decrease reflects lower bookings in FYE2010 and the timing in projects commissioned.
  • Expanded revenue from service and maintenance agreements and one-off sales by 72% during the quarter ended June 30, 2010 to $298 thousand.

“I am encouraged with our increased sales bookings which I believe is a positive indication of both the improvement in the economy, as well as our continued investment in sales and marketing,” stated Troy Griffiths, President and CEO of Vigil Health Solutions Inc.

Financial Results

Revenue for the three-months ended June 30, 2010 was $641 thousand compared to $1.37 million in the three-month period ended June 30, 2009, a decrease of 53%. The decrease in revenue reflects both the reduced number and size of the projects completed during the quarter. Because Vigil records revenue using the completed contract method the number of projects completed this quarter directly reflects a lag related to the timing of the US economic downturn.

Bookings for the quarter were $955 thousand up 26% compared to $755 thousand in the three-month period ended June 30, 2009. The increase in bookings relates to an improvement in the United States economy, specifically, in funding availability for new construction in the seniors living industry as well as the Company’s investment in it sales program.

At June 30, 2010, Vigil had a backlog of approximately $3.1 million (including $1.64 million in deposits and progress billings, recorded as deferred revenue on the balance sheet) a 14% increase compared to approximately $2.72 million (including $1.34 million in deposits and progress billings, recorded as deferred revenue on the balance sheet) at June 30, 2009. This increase is the result of booking more new projects than recorded as revenue during the quarter.

The gross margin percentage for the three months ended June 30, 2010 was 45% compared to 48% for the three months ended June 30, 2009. The gross margin during the period was with in management’s expectations of margins of between 42% and 47%.

Expenditures for the three months ended June 30, 2010 were $465 thousand down 22% from operating expenditures of $599 thousand for the same period ended June 30, 2009. The Company decreased expenditures in all areas. These decreases were the result of a combined strategic effort to focus resources where they would be best utilized.

Net loss for the three month period ended June 30, 2010 was $180 thousand, or $0.002 per share compared to a gain of $66 thousand, or $0.001 per share for the previous year. The increase in losses is primarily attributable to the lower in revenue in the period.

Detailed financial statements along with Management Discussion and Analysis have been filed with SEDAR and may be viewed on the Company web site (http://www.vigil.com/?Investors:Financial_Statements) or at (www.sedar.com).

Financial information will be mailed to entitled security holders on August 16, 2010. Or, upon notice to the Company, entitled security holders may request a copy of financials in advance.

Summary Financial Information

  June 30, June 30,
  2010 2009
  (unaudited) (unaudited)
     
Revenue $641,420 $1,370,157
Cost of sales 355,705 708,450
  285,715 661,707
     
Expenses 472,943 612,120
     
Income before the following items (187,228) 49,587
     
Other income (expense): 6,983 16,181
     
Income / (loss) for the period $(180,245) $65,768

Non-GAAP Measure

For the three months ended June 30, 2010, we are disclosing Adjusted EBITDA, a non-GAAP financial measure, as a supplementary indicator of operating performance. We define Adjusted EBITDA as net income before, interest, income taxes, amortization, stock based compensation and currency gains or losses including derivative foreign exchange differences. We are presenting the non-GAAP financial measure in our filings because we use it internally to make strategic decisions, forecast future results and to evaluate our performance and because we believe that our current and potential investors and analysts use the measure to assess current and future operating results and to make investment decisions. It is a non-GAAP measure, may not be comparable to other companies and it is not intended as a substitute for GAAP measures.

Adjusted EBITDA reconciliation

  Three months ended
  June 30, 2010 June 30, 2009
     
Income / (loss) for the period $(180,245) $65,768
     
  Add / (deduct)    
  Foreign exchange gain (loss) 15,382 (40,477)
  Derivative exchange gain (7,883) 55,212
  Interest (516) 1,446
  Stock based compensation (10,423) (1,280)
  Amortization (7,825) (12,982)
  (11,265) 1,919
     
Adjusted EBITDA $(168,980) $63,849

About Vigil Health Solutions Inc.

Vigil offers a proprietary technology platform combining software and hardware to provide comprehensive solutions to the expanding seniors’ housing market. Vigil has established a growing presence in North America and an international reputation for being on the leading edge of systems design and integration. The Vigil Integrated Care Management System™ (Vigil® System) includes the award-winning Vigil Dementia System, a nurse call system, bed monitoring, resident check in, and the latest development the Vigil Wireless call system. The first to supply dementia specific care technology, Vigil facilitates the highest standard of care for cognitive residents while helping dementia residents enjoy a higher quality of life and greater dignity.

Certain statements contained in this news release that are not based on historical facts may constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). These forward-looking statements are not promises or guarantees of future performance but are only predictions that relate to future events, conditions or circumstances or our future results, performance, achievements or developments and are subject to substantial known and unknown risks, assumptions, uncertainties and other factors that could cause our actual results, performance, achievements or developments in our business or in our industry to differ materially from those expressed, anticipated or implied by such forward-looking statements.

Forward-looking statements include all financial guidance, disclosure regarding possible events, conditions, circumstances or results of operations that are based on assumptions about future economic conditions, courses of action and other future events. We caution you not to place undue reliance upon any such forward-looking statements, which speak only as of the date they are made. These forward-looking statements appear in a number of different places in this presentation and can be identified by words such as “may”, “estimates”, “projects”, “expects”, “intends”, “believes”, “plans”, “anticipates”, or their negatives or other comparable words. Forward-looking statements include statements regarding the outlook for our future operations, plans and timing for the introduction or enhancement of our services and products, statements concerning strategies or developments, statements about future market conditions, supply conditions, end customer demand conditions, channel inventory and sell through, revenue, gross margin, operating expenses, profits, forecasts of future costs and expenditures, the outcome of legal proceedings, and other expectations, intentions and plans that are not historical fact.

The risk factors and uncertainties that may affect our actual results, performance, achievements or developments are many and include, amongst others, our ability to develop our sales force and generate revenue, the length of the sales cycle, management of the Company’s growth, ability to recruit and retain staff, fluctuations in demand for current and future products, our ability to develop, manufacture, supply and market existing and new products that meet the needs of customers, volatility in the exchange rate, ability to secure financing, ability to secure product liability insurance, the continuous commitment of our customers, increased competition, changes in regulation and reliance on third party suppliers. These risk factors and others are discussed in the Risks and Uncertainties section of our “Management Discussion and Analysis” segment of our fiscal 2009 Annual Report. Many of these factors and uncertainties are beyond the control of the Company. Consequently, all forward-looking statements in this news release are qualified by this cautionary statement and there can be no assurance that actual results, performance, achievements or developments anticipated by the Company will be realized.

Forward-looking statements are based on management’s current plans, estimates, projections, beliefs and opinions and, except as required by law, the Company does not undertake any obligation to update forward-looking statements should the assumptions related to these plans, estimates, projections, beliefs and opinions change.

Filed Under: Facilities And Providers

Vigil Health Solutions Reports Q1 Results, Sales Bookings Up 26%

Posted on August 9, 2010 Written by Annalyn Frame

VICTORIA, BRITISH COLUMBIA–(Marketwire – Aug. 9, 2010) – Vigil Health Solutions Inc. (TSX VENTURE:VGL) (“Vigil”) announces the results of operations for the quarter ending June 30, 2010.

Business highlights

  • Grew bookings 26% for the quarter to $955 thousand compared to $755 thousand for the three-month period ended June 30, 2009.
  • Increased backlog 14% to approximately $3.1 million compared to approximately $2.72 million at June 30, 2009.
  • Revenue was $641 thousand for the three-months ended June 30, 2010 compared to $1.37 million in the three-month period ended June 30, 2009, a decrease of 53%. The decrease reflects lower bookings in FYE2010 and the timing in projects commissioned.
  • Expanded revenue from service and maintenance agreements and one-off sales by 72% during the quarter ended June 30, 2010 to $298 thousand.

“I am encouraged with our increased sales bookings which I believe is a positive indication of both the improvement in the economy, as well as our continued investment in sales and marketing,” stated Troy Griffiths, President and CEO of Vigil Health Solutions Inc.

Financial Results

Revenue for the three-months ended June 30, 2010 was $641 thousand compared to $1.37 million in the three-month period ended June 30, 2009, a decrease of 53%. The decrease in revenue reflects both the reduced number and size of the projects completed during the quarter. Because Vigil records revenue using the completed contract method the number of projects completed this quarter directly reflects a lag related to the timing of the US economic downturn.

Bookings for the quarter were $955 thousand up 26% compared to $755 thousand in the three-month period ended June 30, 2009. The increase in bookings relates to an improvement in the United States economy, specifically, in funding availability for new construction in the seniors living industry as well as the Company’s investment in it sales program.

At June 30, 2010, Vigil had a backlog of approximately $3.1 million (including $1.64 million in deposits and progress billings, recorded as deferred revenue on the balance sheet) a 14% increase compared to approximately $2.72 million (including $1.34 million in deposits and progress billings, recorded as deferred revenue on the balance sheet) at June 30, 2009. This increase is the result of booking more new projects than recorded as revenue during the quarter.

The gross margin percentage for the three months ended June 30, 2010 was 45% compared to 48% for the three months ended June 30, 2009. The gross margin during the period was with in management’s expectations of margins of between 42% and 47%.

Expenditures for the three months ended June 30, 2010 were $465 thousand down 22% from operating expenditures of $599 thousand for the same period ended June 30, 2009. The Company decreased expenditures in all areas. These decreases were the result of a combined strategic effort to focus resources where they would be best utilized.

Net loss for the three month period ended June 30, 2010 was $180 thousand, or $0.002 per share compared to a gain of $66 thousand, or $0.001 per share for the previous year. The increase in losses is primarily attributable to the lower in revenue in the period.

Detailed financial statements along with Management Discussion and Analysis have been filed with SEDAR and may be viewed on the Company web site (http://www.vigil.com/?Investors:Financial_Statements) or at (www.sedar.com).

Financial information will be mailed to entitled security holders on August 16, 2010. Or, upon notice to the Company, entitled security holders may request a copy of financials in advance.

Summary Financial Information

  June 30, June 30,
  2010 2009
  (unaudited) (unaudited)
     
Revenue $641,420 $1,370,157
Cost of sales 355,705 708,450
  285,715 661,707
     
Expenses 472,943 612,120
     
Income before the following items (187,228) 49,587
     
Other income (expense): 6,983 16,181
     
Income / (loss) for the period $(180,245) $65,768

Non-GAAP Measure

For the three months ended June 30, 2010, we are disclosing Adjusted EBITDA, a non-GAAP financial measure, as a supplementary indicator of operating performance. We define Adjusted EBITDA as net income before, interest, income taxes, amortization, stock based compensation and currency gains or losses including derivative foreign exchange differences. We are presenting the non-GAAP financial measure in our filings because we use it internally to make strategic decisions, forecast future results and to evaluate our performance and because we believe that our current and potential investors and analysts use the measure to assess current and future operating results and to make investment decisions. It is a non-GAAP measure, may not be comparable to other companies and it is not intended as a substitute for GAAP measures.

Adjusted EBITDA reconciliation

  Three months ended
  June 30, 2010 June 30, 2009
     
Income / (loss) for the period $(180,245) $65,768
     
  Add / (deduct)    
  Foreign exchange gain (loss) 15,382 (40,477)
  Derivative exchange gain (7,883) 55,212
  Interest (516) 1,446
  Stock based compensation (10,423) (1,280)
  Amortization (7,825) (12,982)
  (11,265) 1,919
     
Adjusted EBITDA $(168,980) $63,849

About Vigil Health Solutions Inc.

Vigil offers a proprietary technology platform combining software and hardware to provide comprehensive solutions to the expanding seniors’ housing market. Vigil has established a growing presence in North America and an international reputation for being on the leading edge of systems design and integration. The Vigil Integrated Care Management System™ (Vigil® System) includes the award-winning Vigil Dementia System, a nurse call system, bed monitoring, resident check in, and the latest development the Vigil Wireless call system. The first to supply dementia specific care technology, Vigil facilitates the highest standard of care for cognitive residents while helping dementia residents enjoy a higher quality of life and greater dignity.

Certain statements contained in this news release that are not based on historical facts may constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). These forward-looking statements are not promises or guarantees of future performance but are only predictions that relate to future events, conditions or circumstances or our future results, performance, achievements or developments and are subject to substantial known and unknown risks, assumptions, uncertainties and other factors that could cause our actual results, performance, achievements or developments in our business or in our industry to differ materially from those expressed, anticipated or implied by such forward-looking statements.

Forward-looking statements include all financial guidance, disclosure regarding possible events, conditions, circumstances or results of operations that are based on assumptions about future economic conditions, courses of action and other future events. We caution you not to place undue reliance upon any such forward-looking statements, which speak only as of the date they are made. These forward-looking statements appear in a number of different places in this presentation and can be identified by words such as “may”, “estimates”, “projects”, “expects”, “intends”, “believes”, “plans”, “anticipates”, or their negatives or other comparable words. Forward-looking statements include statements regarding the outlook for our future operations, plans and timing for the introduction or enhancement of our services and products, statements concerning strategies or developments, statements about future market conditions, supply conditions, end customer demand conditions, channel inventory and sell through, revenue, gross margin, operating expenses, profits, forecasts of future costs and expenditures, the outcome of legal proceedings, and other expectations, intentions and plans that are not historical fact.

The risk factors and uncertainties that may affect our actual results, performance, achievements or developments are many and include, amongst others, our ability to develop our sales force and generate revenue, the length of the sales cycle, management of the Company’s growth, ability to recruit and retain staff, fluctuations in demand for current and future products, our ability to develop, manufacture, supply and market existing and new products that meet the needs of customers, volatility in the exchange rate, ability to secure financing, ability to secure product liability insurance, the continuous commitment of our customers, increased competition, changes in regulation and reliance on third party suppliers. These risk factors and others are discussed in the Risks and Uncertainties section of our “Management Discussion and Analysis” segment of our fiscal 2009 Annual Report. Many of these factors and uncertainties are beyond the control of the Company. Consequently, all forward-looking statements in this news release are qualified by this cautionary statement and there can be no assurance that actual results, performance, achievements or developments anticipated by the Company will be realized.

Forward-looking statements are based on management’s current plans, estimates, projections, beliefs and opinions and, except as required by law, the Company does not undertake any obligation to update forward-looking statements should the assumptions related to these plans, estimates, projections, beliefs and opinions change.

Filed Under: Facilities And Providers

Sandhills Pediatrics Selects the SRS Hybrid EMR for Its 14 Providers and 4 Locations

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: SRSsoft

Comparative Benchmarking Confirmed Productivity and Physician Focus of SRS Hybrid EMR

MONTVALE, NJ–(Marketwire – August 9, 2010) –  SRS, the leader in high-performance hybrid EMRs, today announced that Sandhills Pediatrics has selected the SRS hybrid EMR for its 14 providers. Sandhills Pediatrics has four offices in the greater Columbia, South Carolina, area and has served the community’s families since 1975.

“I see 38-45 patients a day, so I wanted an EMR that would easily adapt to my workflow and not hinder the pace of my schedule,” says Kevin O. Wessinger, M.D., Sandhills Pediatrics. “The SRS hybrid EMR allows me to practice the way I like, while eliminating the gross inefficiencies of a paper-centric office. Implementation was smooth — we didn’t have to compromise our productivity at all, even during the first few days!”

“The stopwatch doesn’t lie. During our EMR selection process, we looked at several traditional, point-and-click systems and a free online EMR,” says Ken Fenchel, Practice Administrator, Sandhills Pediatrics. “We timed how long it takes to perform common workflow tasks with each EMR and realized that SRS is the easiest and fastest by far. The higher level of productivity is critical to our physicians’ ability to provide quality care to our high volume of patients.”

SRS was designed with direct input by its high-performance physicians to provide them with a system that fits their needs, helps them to work more efficiently, and enables them to achieve a rapid return on their investment. SRS, which has built the largest national network of high-performance practices that successfully use an EMR, attributes its unmatched adoption rate to ease of use, fast implementation, and an accelerated timeframe for training physicians and office staff.

“If more practices took the time to do comparative benchmarking, the rate of successful EMR adoptions would increase,” says Evan Steele, CEO of SRSsoft. “We are confident that Sandhills — like our other pediatric practice clients — will see immediate and ongoing benefits with SRS throughout their offices, and we are very happy to have them join our growing national network of 5,000 providers.”

About Sandhills Pediatrics
Sandhills Pediatrics has a long and distinguished history of caring for children. Established in 1975 by Dr. S. Nelson Weston and Dr. Charles A. James, Sandhills offers comprehensive and well-rounded medical services to children from birth through college age. Visit www.sandhillsped.com for more information.

About SRS
For over a decade, SRS has been the leading provider of productivity-enhancing EMR technology — with a successful adoption rate unparalleled in the industry. The robust SRS hybrid EMR increases physicians’ speed and practice revenue by offering powerful and flexible solutions that streamline clinical workflows and enhance patient care. Prominent pediatric groups choose SRS because of its fit with the demands of their specialty. For more information on SRS, visit www.srssoft.com, e-mail [email protected], fax 201.802.1301, or call 800.288.8369.

Media Contact
Jeremy Duca
SRSsoft
800.288.8369
Email Contact

Filed Under: Facilities And Providers

Sage Healthcare Division Supports National Health Center Week for 4th Consecutive Year

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: Sage

Employees Volunteer Time at Community Health Centers Across the U.S.

TAMPA, FL–(Marketwire – August 9, 2010) –  Sage North America today announced that Sage Healthcare Division, a leading provider of electronic health record (EHR) and practice management software, is showing its support for National Health Center Week (August 8 – 14, 2010) by offering volunteer assistance at community health centers across the country during the week through its ProjectSERVS (Sage Employees Reaching out with Volunteer Service).

National Health Center Week is an annual celebration designed to raise awareness about the valuable work that community health centers do. During this week, health centers across the country host events to educate people on healthcare and the types of services provided by the centers. Many events feature free health screenings, food and refreshments, prominent speakers, and more.

“National Health Center Week is a tremendous opportunity to highlight the vital role health centers play in their community. We are appreciative of Sage’s support to make the week even more successful for health centers across the country,” said Dan Hawkins, Senior Vice-President of Policy and Research at the National Association of Community Health Centers. “Sage’s efforts are helping to strengthen health centers in numerous communities, and we stand ready to work with everyone in the years ahead to make sure all people have a healthcare home at a community health center.”

Sage Healthcare Division has supported the event for four consecutive years. This year, Sage employees are volunteering their time at several health centers across the U.S., including:

  • Health Linc in Michigan City, Indiana; Knox, Indiana; and Valparaiso, Indiana – Sage employees will host a back-to-school fair and carnival in which each clinic will provide free sports physicals, immunizations, school backpacks stuffed with supplies and lunch will be served at each site; and
  • New Hanover Health Center in Wilmington, North Carolina – Sage employees will be scanning paper medical records into the clinic’s electronic system.

“Sage continues to dedicate itself to furthering the mission of improving patient outcomes and quality of care in the United States. Our involvement with National Association of Community Health Centers’ National Health Center Week proves our commitment to this goal,” said Lee Horner, Senior Vice President of Sales for Sage Healthcare Division. “Sage strives to continuously serve communities through programs where Sage employees volunteer countless hours and thousands of dollars to support worthy causes every year, including community health centers, which we salute for the important role they play in our healthcare system.”

Sage has been a longstanding provider of information technology solutions to the CHC and Federally Qualified Health Center (FQHC) market, said Tony Ryzinski, Senior Vice President of Marketing for Sage Healthcare Division, and maintains a strong commitment to this segment by developing products that address its unique needs. 

“We maintain a close relationship with our CHC partners and continually solicit their input and recommendations,” Ryzinski said. “Many of our CHC partners provide critical insight into the needs of their clinics, providers and patients, and Sage recognizes the increasingly important role of the CHC and FQHC in today’s evolving healthcare economy, as their mission broadens in providing access to care to broader segments of the population.”

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About Sage Healthcare Division
Sage Healthcare Division provides integrated electronic health records, EDI applications and practice management systems to more than 80,000 physicians and thousands of ambulatory care practices throughout North America. These systems enable physicians and practice managers to better manage their practices and improve profitability. Sage Healthcare Division is based in Tampa, Fla., and is a division of Sage North America. For more information, please visit www.sagehealth.com or call (877) 932-6301.

About Sage North America
Sage North America is part of The Sage Group plc, a leading global supplier of business management software and services. Sage North America employs 4,000 people and supports 3.1 million small and midsized business customers including more than 80,000 physicians. The Sage Group plc, formed in 1981, was floated on the London Stock Exchange in 1989 and now employs 13,100 people and supports 6.2 million customers worldwide. For more information, please visit the website at www.sagenorthamerica.com.

© 2010 Sage Software, Inc. All rights reserved. Sage, the Sage logos, and the Sage product and service names mentioned herein are registered trademarks or trademarks of Sage Software, Inc. or its affiliated entities. All other trademarks are the property of their respective owners.

Media Contact:
Scott Rupp
Sage North America
813-249-4264
[email protected]

Filed Under: Facilities And Providers

St Andrew’s Healthcare Turns to Imprivata to Simplify and Secure Access to Patient Data

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: Imprivata

OneSign Controls and Monitors Access to Patient Records While Improving User Workflows

LEXINGTON, MA–(Marketwire – August 9, 2010) –  Imprivata®, Inc., the company that simplifies and secures user access, today announced that St Andrew’s Healthcare, the UK’s largest not-for-profit mental health charity, has selected Imprivata OneSign to provide 3,500 employees with faster and more efficient access to a range of applications via single sign-on (SSO) and strong authentication with smart cards. The rollout, completed in June 2010 across the organisation’s four sites in Basildon, Birmingham, Mansfield and Northampton will allow clinical and support staff to increase the speed at which they can securely access patient information and raise the levels of patient care.

The implementation of OneSign will improve clinical productivity by providing users with a single point of secure access though which they can connect to multiple applications, including electronic patient records, HR, Finance, a range of intranet-based applications and its in-house knowledge system.

With OneSign St Andrew’s will bolster the levels of security around user access management without compromising productivity or patient care. OneSign will also ensure IT staff can quickly and efficiently audit access to patient information, helping to avoid malpractice by uncovering instances of shared passwords. This is especially valuable with increasingly strict compliance regulations around the issue of psychiatric medicines and drugs.

St Andrew’s is regularly audited by the Care Quality Commission and the Department of Health, who assess the standards of care being provided at healthcare organisations across the UK. As part of the process, auditors request access to random patient records and other data to ensure these are being managed securely. Previously, auditing employee access to patient data would involve manual printing of SQL tables, however with OneSign IT staff can access records at the click of a switch, simplifying compliance reporting.

“The nature of our work within mental health organisations involves both sensitive patient data and the prescription of psychiatric drugs — which underscores the importance of having complete control of who accesses our IT systems without jeopardising the productivity of our staff,” said Paul Kirkpatrick, Director of IT. “Working with Imprivata to implement single sign-on and strong authentication has enabled us to ensure that only authorised employees can access patient information and applications whilst also making sure we can improve the efficiency of our auditing for regulatory bodies.” 

Additionally, as a 24-hour psychiatric hospital, St Andrew’s has to ensure that medical staff can access data and applications round-the-clock and the self-service password reset module within OneSign will help reduce some of the 400 password reset calls to the IT helpdesk per month, freeing up one full-time employee for other activities.

“Patient data security is one of the primary IT concerns within the healthcare sector today, but not at the expense of employee productivity or patient safety,” said Omar Hussain, CEO and President, Imprivata. “Imprivata OneSign has long been a trusted name for both the NHS and private healthcare institutions across the globe, and we look forward to helping St Andrew’s simplify and secure access to patient data, improve workflow and ultimately the level of care delivered by its staff.”

About Imprivata
Imprivata is the leading independent vendor focused on simplifying and securing user access. By strengthening user authentication, streamlining application access and simplifying compliance reporting across multiple computing environments, customers can align security with user workflows and realize substantial productivity gains while lowering IT costs.

Imprivata has received numerous product awards and top review ratings from leading industry publications and analysts. Headquartered in Lexington, Mass., Imprivata partners with over 200 resellers, and serves the access security needs of more than 1,000 customers around the world. For more information, please visit www.imprivata.com.

Imprivata is a registered trademark of Imprivata, Inc. in the USA and other countries. All other product or company names mentioned are the property of their respective owners.

RSS Feed to Imprivata News: http://feeds.feedburner.com/ImprivataNews

Follow Imprivata on Twitter: https://twitter.com/Imprivata

Contact:
Whitney Carbone
617-758-4177
Email Contact

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Filed Under: Facilities And Providers

Indianapolis’ iSALUS Healthcare Chosen as Electronic Medical Records Preferred Software Partner for Indiana Health Information Technology Extension…

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: iSALUS Healthcare

INDIANAPOLIS, IN–(Marketwire – August 9, 2010) – Indianapolis-headquartered iSALUS Healthcare was recently selected by Indiana Health Information Technology Extension Center (I-HITEC), as a collaborative statewide initiative led by Purdue University, as an electronic medical records (EMR) preferred software partner. This partnership and endorsement allows iSALUS to serve Indiana’s healthcare community as part of a federal stimulus program to implement EMR software systems.

“The entire team at iSALUS has a vested and personal interest in being chosen as a preferred software provider,” said Michael Hall, president and founder of iSALUS Healthcare. “These are the doctors we trust to take care of our families, and we are honored to be chosen to help them provide the very best care to all of their patients.”

iSALUS was selected by I-HITEC from among hundreds of EMR software firms. The company was chosen based on its ability to assist healthcare providers in implementing electronic medical records, allowing them to qualify for federal stimulus money, a proven technology platform, previous experience with small to medium size healthcare practices, ability to quickly and efficiently implement a large number of new providers, and affordable pricing. Through this partnership, iSALUS and I-HITEC will provide Indiana healthcare providers with a full electronic medical records solution, education, training, implementation, technical and customer support.

“The Indiana Health Information Technology Extension Center is tasked with helping 2,200 Indiana primary care providers (PCPs) achieve Meaningful Use of electronic health record technology by 2012,” said Monica Arrowsmith, I-HITEC’s director. “We are confident we can reach this ambitious goal in partnership with iSALUS Healthcare as one of our certified EMR software partners. Together we will bring understandable, implementable and affordable EMR solutions to Indiana’s healthcare community.”

About iSALUS Healthcare
Founded in 2000 and headquartered in Indianapolis, iSALUS Healthcare offers web-based, mobile-optimized EMR and practice management software solutions for small to medium sized physician practices, healthcare offices and medical clinics. Its proven suite of easy-to-learn and easy-to-use applications is accessible from any Internet connection and provided at an affordable monthly fee. iSALUS includes unlimited technical support and customer service with all of its software subscriptions. Throughout its history, the company has served thousands of doctors and practice managers across the country. For more information, visit www.isalushealthcare.com or call 888.280.6678.

About Indiana Health Information Technology Extension Center (I-HITEC)
Indiana Health Information Technology Extension Center (I-HITEC) is a federally-designated state-chartered non-profit led by Purdue University. The organization was formed as a result of the 2009 federal Health Information Technology for Economic and Clinical Health Act and is funded through a four-year, $12 million grant. I-HITEC provides subsidized EHR adoption assistance, Meaningful Use coaching and discounted EHR products and services to Indiana’s small physician practices, public or critical access hospitals, community health centers or rural health clinics as well as other medical settings that serve the uninsured, underinsured, underserved or other at-risk populations. I-HITEC is tasked with educating and helping these entities transition from traditional, paper-based electronic health record management systems to federally-mandated electronic health record (EHR) technology. This initiative benefits Indiana through improvements to the state’s existing health information technology delivery system which will ultimately improve patient outcomes and reduce healthcare costs. To receive reimbursement from the federal stimulus program, Indiana’s healthcare providers must achieve and prove Meaningful Use of EHR software. I-HITEC plays a critical role in this process. For more information about I-HITEC, please visit www.switch.purdue.edu or call (765) 496-1911.

Filed Under: Facilities And Providers

AdCare Closes Exercise of Over-Allotment Option

Posted on August 4, 2010 Written by Annalyn Frame

SOURCE: AdCare

SPRINGFIELD, OH–(Marketwire – August 4, 2010) –  AdCare Health Systems, Inc. (NYSE Amex: ADK), an Ohio-based long-term care, home care and management company, has closed the sale of an additional 225,400 shares of common stock at the offering price of $3.50 per share for gross proceeds of $788,900, pursuant to the over-allotment option exercised by the underwriter in connection with AdCare’s offering that closed on June 30, 2010.

The full exercise of the over-allotment option brings the total number of common shares sold by AdCare in the offering to 1,939,686 and gross proceeds to approximately $6.8 million. The aggregate net proceeds to the company from the offering totaled approximately $6.1 million, after deducting underwriting discounts, commissions, legal fees and other offering-related expenses payable by the Company. AdCare plans to use the net proceeds of the offering for acquisition purposes, working capital and general corporate purposes. As of the close of the exercise of the over-allotment, the Company has approximately 7.5 million common shares outstanding.

C. K. Cooper & Company was the sole manager for the public offering.

This press release does not constitute an offer to sell or solicitation of an offer to buy any securities. Any such offer may be made only pursuant to the company’s prospectus supplement and accompanying base prospectus for the offering and only in states in which the offering is registered or exempt from registration and by broker-dealers authorized to do so. The securities offered by the prospectus involve a high degree of risk. Copies of the prospectus supplement and accompanying base prospectus may be obtained from the SEC’s website at www.sec.gov or from C. K. Cooper & Company, 18300 Von Karman Avenue, Suite 700, Irvine, California 92612, Attention: Hue Lapham/Syndicate Department, or [email protected], or via fax +1-949-477-9211.

About AdCare Health Systems
AdCare Health Systems, Inc. (NYSE Amex: ADK) develops, owns and manages assisted living facilities, nursing homes and retirement communities and provides home healthcare services. Prior to becoming a publicly traded company in November of 2006, AdCare operated as a private company for 18 years. AdCare’s 900 employees provide high-quality care, management services and other services for patients and residents residing in 19 facilities, seven of which are assisted living facilities, 11 skilled nursing centers and one independent senior living community. The company owns eight of those facilities. In the ever-expanding marketplace of long-term care, AdCare’s mission is to provide quality healthcare services to the elderly. For more information about AdCare, visit www.adcarehealth.com.

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Filed Under: Facilities And Providers

ImageXpres Announces Surg-i-Scan(TM) "Digital" Safety Checklist Now Approved for Apple iPhone, iPod Touch, iPad; System has Potential for…

Posted on July 27, 2010 Written by Annalyn Frame

SOURCE: ImageXpres Corp

ROCHESTER, NY–(Marketwire – July 27, 2010) –  ImageXpres Corporation (PINKSHEETS: IMJX) today announced that its Surg-i-Scan™ “digital” Surgical Safety Checklist system has been approved by Apple Corporation and is now available as an Apple software “app” via the Apple iTunes Online Store. The Surg-i-Scan™ “digital” surgical safety checklist software has been designed to reinforce and document improved surgical safety protocols in hospitals and outpatient clinics using or considering use of surgical safety checklists during surgical procedures.

John Zankowski, ImageXpres President and CEO, states, “We are extremely pleased that the ImageXpres Surg-i-Scan™ ‘Digital’ Surgical Safety Checklist Software App has been fully tested and approved by the Apple software development team, and is now ready for large-scale utilization by hospitals, clinics and physicians’ offices. As previously announced, the downloadable software is available as a free, evaluation application by the hospital surgical staff to determine its effectiveness and performance in their own operating rooms.

“We are most confident that doctors and nurses will find the Surg-i-Scan™ Safety Checklist software extremely useful in its present form, and we are confident that use of the software app by surgeons and nurses will result in major sales of standalone Surg-i-Scan™ software sales. In addition, we are anticipating sales of hospital-wide client server extensions of the Surg-i-Scan™ safety checklist software, with certain HIPAA privacy and security features incorporated. Also, a very important result is the expected exponential increase in sales and utilization of physical, analog Surg-i-Scan™ Safety Checklist boards by hospitals just now considering adoption of a surgical safety checklist protocol.”

Mr. Zankowski adds, “Once the hospital surgical team has downloaded and used the free software app, customized Surg-i-Scan™ software, with requisite enhancements and design fields specific to that institution’s approved protocol, it will be licensed to the hospital for a fee, on a one-time, per user basis. ImageXpres will provide all upgrades and support for the software, as well as back-up storage for hospital provider personnel, at a yearly or monthly rate. In the custom Surg-i-Scan™ software versions, several unique productivity, storage and communication features will be available for hospitals and clinics seeking to incorporate surgical safety checklist protocols into their Electronic Health Record (EHR).

“ImageXpres is working closely with ITX Corporation, a key Apple software development partner, also located in Rochester, NY, along with a number of medical surgical supply organizations, in order to reach thousands of hospitals and deliver custom software, in a timely manner. ImageXpres and ITX have identified major software, hardware systems, and services offerings for the growing healthcare market, beginning with the Surg-i-Scan™ Safety Checklist System, and both companies expect to capitalize on the competitive product advantages of their strategic business relationship. ImageXpres recently announced the hiring of a lead apple software developer, and the company is in the process of becoming a certified Apple software developer.

“The U.S. market is estimated at over $25 million annually, based upon the number of surgical operating suites, and could reach over $100 million annually by 2012. The market for other invasive procedures where safety checklists are used, such as IV / Transfusions, emergency room, diagnostic procedures, labor/delivery, is ten times as large.

“ImageXpres currently manufactures and markets analog, custom-designed Surg-i-Scan™ Safety Checklist boards for operating rooms, and the new digital software product will augment the effectiveness of the analog Surg-i-Scan™ Safety Checklist boards, providing valuable documentation of all surgical procedures on an ongoing, daily basis. As an example of the synergy between digital and analog surgical safety checklist products, ImageXpres has been working with a Texas hospital consortium, designing and manufacturing custom analog surgical safety checklist boards, and the digital software version can provide effective, timely documentation of the improvements generated by use of surgical safety checklists within the group.”

Mr. Zankowski, concludes, “We are very excited about the availability of our Surg-i-Scan™ ‘digital’ Safety Checklist product, as it is one is one that truly can benefit every hospital and surgical suite no matter where they are located. The WHO study has documented the benefits of surgical safety checklists for hospitals and patients, in terms of lowered deaths and lowered surgical procedural errors, thus saving lives and improving healthcare delivery. Our Surg-i-Scan™ ‘digital’ Surgical Safety Checklist product is unique in the industry, and now makes it affordable and easy for any hospital, in any country, to test out the usefulness of a surgical safety checklist process, and make immediate improvements in patient safety. Our goal is to make the digital checklist very affordable for millions of hospital providers, thus generating strong market pull for this unique, patient safety product.”

About ImageXpres Corporation

ImageXpres is a digital imaging and printing company, headquartered in Rochester, NY. ImageXpres develops imaging systems solutions for commercial printing, consumer photo, health and business communications market segments. ImageXpres is currently manufacturing and marketing a family of self-service interactive digital kiosks, and LitePix Digital Displays, digital signs that provide unique advertising benefits for business owners. The Company’s website is www.imagexpres.com.

Statements in this press release about the company’s future expectations, including the rate of growth of the Company’s revenues derived from sales of its safety and security products, and all other statements in this release other than historical facts, are “forward-looking statements” within the meaning of Section 27 A of the Securities Act of 1933, Section 21 E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as changes in consumer demand, satisfaction or desire for our products for a variety of reasons. Such “forward-looking statements” are subject to risks and uncertainties set forth from time to time in the company’s reports and financial statements.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

John S. Zankowski
President
ImageXpres Corporation
[email protected]
ph: (585) 292-5177

Filed Under: Facilities And Providers

Danone Completes Acquisition of Medical Nutrition USA, Inc.

Posted on July 22, 2010 Written by Annalyn Frame

SOURCE: Medical Nutrition USA, Inc.

ENGLEWOOD, NJ–(Marketwire – July 22, 2010) –  Medical Nutrition USA, Inc. (NASDAQ: MDNU) (and referred to herein as “MNI”), a developer and distributor of nutrition-medicine products, today announced the completion of its previously announced merger with a subsidiary of Danone North America, Inc. (“Danone”). The closing of the merger occurred on Thursday, July 22, 2010. As a result of the merger, all of the outstanding common stock of MNI has been converted into the right to receive $4.00 per share in cash as set forth in the Agreement and Plan of Merger, dated as of June 10, 2010, which was attached as Exhibit 2.1 to MNI’s Current Report on Form 8-K filed on June 14, 2010 with the Securities and Exchange Commission. MNI is now a wholly owned subsidiary of Danone and public trading of MNI’s common stock on the NASDAQ Capital Market will cease prior to the commencement of trading on July 23, 2010.

About Medical Nutrition USA, Inc.
Medical Nutrition USA develops and distributes products for the nutritionally at risk who are under medical supervision. Its products are used primarily in long-term care facilities, hospitals, dialysis clinics and bariatric clinics. The Company’s product lines include Pro-Stat®, Fiber-Stat®, UTI-Stat® and Diff-Stat® as well as private label products. Additional information is available at www.mdnu.com.

About Danone
Danone is a Fortune 500 company and one of the most successful healthy food companies in the world. Its mission is to bring health through food to as many people as possible. Fulfilling this mission is a major contributor to Danone’s continuous rapid growth. Danone, with 160 plants and around 80,000 employees, has a presence in all five continents and over 120 countries. In 2009, Danone recorded EUR 15 billion in sales. Danone enjoys leading positions on healthy food in four businesses: fresh dairy products (#1 worldwide), water (#2 on the packaged water market), baby nutrition (#2 worldwide) and medical nutrition. Listed on Euronext Paris, Danone is also ranked among the main indexes of social responsibility: Dow Jones Sustainability Index Stoxx and World, ASPI Eurozone and Ethibel Sustainability index.

Contacts:
Medical Nutrition USA, Inc.
Frank J. Kimmerling
Vice President/CFO
800.221.0308
Email Contact

Filed Under: Facilities And Providers

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